7 Ways High Earners Cut Their Tax Bill Using Real Estate

Summary

Michael Chang presents seven legal tax strategies employed by wealthy families, emphasizing the role of real estate investment, particularly short-term rentals, in reducing tax burdens for W-2 earners. These strategies include leveraging financing, cost segregation, tax-free borrowing, utilizing short-term rentals, 1031 exchanges, step-up basis at death, and educating heirs.