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

707 views6 months ago0m 41sScore: 75

Michael Chang

intermediate
Tax Strategy
Expenses
Profitability

Summary

Michael Chang describes how buying a short-term rental property can help reduce your tax burden through deductions and tax loopholes. He details using a cost segregation study to identify bonus depreciation, and using the STR tax loophole by materially participating (500+ hours/year) to write off the loss against W-2 income.