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Updated almost 11 years ago,

User Stats

82
Posts
75
Votes
Douglas B.
  • Buffalo, NY
75
Votes |
82
Posts

Can someone explain the benefits of rental income tax savings?

Douglas B.
  • Buffalo, NY
Posted

I've heard it said that business income is handled differently than traditional earned employee income. Can someone explain this in an example for me? For example, how is $10k of earned employee income taxed differently than the same amount of rent generated on an investment property? I haven't yet bought my first property but I'd like to understand this better before taking the plunge.

(Sub30kclub)

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