Millionaires are saving on taxes using Airbnb, and here's how you can do the same #SHORTS #airbnb

103 viewsabout 2 years ago0m 32sScore: 70

Michael Chang

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Tax Strategy
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Summary

This video explains some of the ways high-income earners use the short-term rental market to reduce their tax burden. The video describes obtaining Real Estate Professional status, using the Short Term Rental Loopholes, leveraging property depreciation, and utilizing Bonus Depreciation.