Comment “WEALTH” and I’ll show you how I did it step by step 👇 #realestateentrepreneur

814 views5 months ago0m 38sScore: 75

Michael Chang

intermediate
Tax Strategy
Profitability
Expenses
Bookkeeping
Multiple Properties

Summary

The video highlights using short-term rentals as a tax strategy to reduce taxes by leveraging depreciation and the STR tax loophole. It emphasizes the potential to significantly reduce tax liability, even to zero, by materially participating in the STR business, allowing for the losses to be written off against W-2 income.