What's up Action Academy family? Welcome back to another episode of the Action Academy podcast,

corporate America's least favorite podcast. Apologies in advance for the intro audio here.

The audio for the episode is going to be professional, but for this intro, I forgot my mic,

and I am randomly in London, England. So I'm still going to get done what I got to get done and record the

freaking podcast, baby. Let's go. So today's episode is actually a specific strategy than I'm doing

because I'm going to have a $100,000 tax problem. And like we said before on the podcast,

problems don't go away. They just look different. And so I need to figure out how to wipe out

$100,000

taxable income that is already saved in an account to pay to the IRS. And right now,

what a lot of people do and business owners do is they go buy a range rover or something like

that, but I want to buy an asset. So today's episode is going to be talking about the specific

Airbnb short-term rental loophole

strategy that I'm going to be doing with my cost-sad guy, Terry Judge of core advisors.

I'm going to literally pull this entire playbook from this specific episode.

So if you're a high-income earner and you need to wipe out $50 to $100,000 of taxable income,

you can literally buy a short-term rental.

And today in this episode, we talk about how to do it. So if you're unfamiliar with cost

segregation studies and bonus depreciation, we have more full in-depth podcast episodes on this,

but today covers how to do this through one property. So basically, you're able to buy a short-term

rental for free.

Hope you guys enjoy. If you bought that million-dollar commercial property or a million-dollar

multifamily property and you put $200,000 down and then you were able to get all of this

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