We Saved $54K in Taxes With This Simple Strategy

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Michael Chang

Pricing & Profitability
intermediate
Tax Strategy
Expenses
Profitability
Bookkeeping

Summary

This video explains how a cost segregation study on a short-term rental property can create a paper loss that can be applied to your taxable income, potentially saving thousands in federal taxes. For example, a California couple making $500k/year was able to save $54k in taxes by purchasing one STR and using a cost segregation study to create a $200k paper loss.