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Updated almost 11 years ago,
Can someone explain the benefits of rental income tax savings?
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)