Want to know how to turn $1M in revenue into $0 in federal taxes?

669 views12 months ago0m 37sScore: 75

Michael Chang

Pricing & Profitability
intermediate
Tax Strategy
Expenses
Profitability

Summary

The video explains how to turn $1M in short-term rental revenue into $0 in federal taxes by leveraging the STR tax loophole. This involves deferring taxes on rental income and writing off property improvements, work trips, and business meals. The video suggests following @michaelchangbnb to learn how to invest in Airbnbs and save on taxes.