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Updated over 10 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Daniel Flores
  • Investor
  • Houston, TX
3
Votes |
9
Posts

Accidental landlord Tax question

Daniel Flores
  • Investor
  • Houston, TX
Posted

New job is going to take me away, having me moving from my primary residence and hoping to rent the house out. I am wondering how this is going to affect my tax liability on what was my primary residence. Don't want a heck of  a tax bill that is going to eat up any cash flow I might realize on the rental property. Is there a website or other information I can find that might help me in the figuring of what I should do to make this profitable?

Its a heck of a time and looking for any advice.

Thanks

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