If you and your spouse make $200,000 a year from your job, you lose roughly $70,000 to taxes

1.5M views6 months ago0m 7sScore: 75

Michael Chang

Pricing & Profitability
intermediate
Tax Strategy
Profitability
Expenses
Bookkeeping
Investors

Summary

This video explains how to use bonus depreciation for tax savings by investing in short-term rentals. The creator highlights using a CPA and cost segregation team to identify depreciable assets and significantly reduce taxable income, leading to both tax savings and cash flow from the STR property.