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Updated over 6 years ago,
The most basic question about RE income
I'm still new so bear with me, if I'm looking to net $350k from a buy and hold portfolio assuming my doors are netting $200/month does that mean I need roughly 146 doors? that seems like a large portfolio. Am I missing a sizable tax loophole or reduced tax rate? I live in Los Angeles, does that mean my net for the doors should be higher?