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

Summary

This video illustrates how short-term rental income can be used to save on taxes and build wealth. The host bought an STR cabin in 2021 for $718,000 and used a cost segregation study to identify $156,946 in bonus depreciation. Combined with interest and operating expenses, they were able to deduct over $200,000 in Year 1 and write off the loss against their W-2 income by materially participating in the rental (500+ hours/year).