Comment “SMART” and I’ll show you how I did it step by step 👇 #realestateentrepreneur
577 views6 months ago0m 37sScore: 75
Michael Chang
intermediate
Tax Strategy
Profitability
Expenses
Bookkeeping
Multiple Properties
Summary
The video explains how to use the STR tax loophole to reduce tax liability by purchasing a property and utilizing bonus depreciation and cost segregation, thereby reducing taxable income. The video also highlights the importance of material participation in STR operations, which can increase tax deductions.