Yes, it’s LEGAL

1.7K viewsabout 2 months ago0m 6sScore: 78

Michael Chang

Pricing & Profitability
beginner
Tax Strategy
Profitability
Expenses

Summary

This video outlines a tax strategy for short-term rental owners to potentially offset their W-2 income and reduce federal taxes. The strategy involves owning a short-term rental, maintaining average stays under 7 nights, working at least 100 hours per year on the property, and combining this with cost segregation and bonus depreciation.