Comment “SMART” below

588 views4 months ago0m 44sScore: 75

Michael Chang

intermediate
Tax Strategy
Profitability
Expenses
Bookkeeping
Airbnb

Summary

The video highlights how investing in a short-term rental property and materially participating in its operation can lead to significant tax deductions through bonus depreciation and the STR tax loophole. The video showcases the acquisition, renovation, and bonus depreciation of a property, with the host using a cost segregation study to deduct significant amounts of the property's value and setting up the property, achieving cash flow and growing their STR portfolio.