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Updated over 9 years ago,

User Stats

127
Posts
28
Votes
Bruce Scannell
  • Rental Property Investor
  • Carlsbad, CA
28
Votes |
127
Posts

Real estate annual tax percentage

Bruce Scannell
  • Rental Property Investor
  • Carlsbad, CA
Posted
I'm wondering, with all the tax benefits to REI, what is everyone seeing as their annual tax responsibility? I know everyone will have something different, but I'm currently a W2 employee paying high tax and am trying to determine what I need to produce on a monthly/annual basis to invest full time. Obviously, the tax benefit will help, so as a buy and hold investor what amount of taxes are people seeing compared to their gross earnings? Thanks

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