Comment “SMART” to learn how to get started

889 views5 months ago0m 15sScore: 75

Michael Chang

beginner
Tax Strategy
Profitability
Expenses
First Listing

Summary

The video compares two scenarios: Liz, who earns $200k/year and pays $70k in taxes without investing, versus Mike, who also earns $200k/year but invests in an Airbnb, legally reducing his tax burden to $0 and generating additional income. Buying an Airbnb offsets his income and saves thousands on taxes.