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

1.4K views6 months ago0m 41sScore: 82

Michael Chang

intermediate
Tax Strategy
Expenses
Profitability
Multiple Properties

Summary

This video explains how buying an Airbnb rental property can lead to tax savings, utilizing cost segregation studies and bonus depreciation to deduct significant amounts in the first year. By materially participating in the STR (500+ hours/year), hosts can write off losses against their W-2 income, potentially saving tens of thousands in taxes while building wealth.