You make $200K in NYC

3.2M views15 days ago0m 4sScore: 75

Michael Chang

Pricing & Profitability
intermediate
Tax Strategy
Profitability
Expenses
Bookkeeping

Summary

The video explains how high-income earners in high-tax cities like NYC can reduce their tax burden by investing in a short-term rental property and using cost segregation with bonus depreciation to create a paper loss that offsets their W-2 income.