Comment “WEALTH” and I’ll show you how I did it step by step 👇 #realestateentrepreneur
728 views6 months ago0m 41sScore: 75
Michael Chang
intermediate
Tax Strategy
Profitability
Expenses
Investors
Summary
This video discusses how to use short-term rentals to save on taxes. The presenter shares how they purchased a short-term rental property for $970,000 in February 2022 and then utilized a cost segregation study to identify bonus depreciation, allowing them to deduct over $320,000 in year one and saving $94,547 in taxes.