What Real Estate strategy works to get tax benefit on 401k Salary

[Monil Shah]

I have been hearing a lot about strategy where by getting into real estate one can benefit on tax deductions on high income 401k salary.
How does it work?

What real estate strategy works to our benefit ?   How do you go about it ?

Assuming I cannot manage the property full time and will be using property managers 

I am considering short term rental and buy-flip strategies