I shielded $446,000 of income from taxes with one STR property

482 viewsabout 3 hours ago0m 13sScore: 82

Michael Chang

Pricing & Profitability
intermediate
Tax Strategy
Profitability
Expenses
Bookkeeping
Multiple Properties

Summary

Michael Chang details how he shielded $446,000 of income from taxes on a single STR property, resulting in $72,090 in cash flow and $125,988 in tax savings, yielding a 43.5% return on investment. He achieved this by utilizing bonus depreciation, renovations, mortgage interest, and operating expenses to offset W-2 income.