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

1.1K views6 months ago0m 38sScore: 75

Michael Chang

intermediate
Tax Strategy
Profitability
Expenses
Bookkeeping
Multiple Properties

Summary

The video presents a tax savings strategy using short-term rentals. By running a cost segregation study, owners can identify bonus depreciation, deducting significant amounts in year one, and utilizing the STR tax loophole by materially participating in the business to write off the loss against W-2 income.