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

830 views6 months ago0m 41sScore: 75

Michael Chang

intermediate
Tax Strategy
Profitability
Expenses

Summary

This video emphasizes how purchasing a short-term rental (STR) can help reduce taxes by utilizing cost segregation and bonus depreciation. The creator highlights how materially participating in your STR can allow you to write off losses against your W-2 income, ultimately building wealth.