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Updated over 6 years ago,
Estimating tax liability
What's the best way to estimate the tax liability when evaluating a property?
Is this accurate:
(NOI - Mortgage Interest - Depreciation) * Tax rate
Which equals your taxable rental income.
Subtract that from your cash flow before taxes (CFBT) to find your cash flow after taxes (CFAT).
Is that right or did I miss something?