Most people think making more money is the answer
Summary
This video highlights the potential tax savings available to high-income professionals through strategic short-term rental investing. It emphasizes using bonus depreciation and cost segregation while adhering to the 1-7-1 method (stays under 7 days, 100 hours active participation) to offset W-2 income with paper losses from the rental property.
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Curated by Learn STR by GoStudioM