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Updated over 16 years ago on . Most recent reply

User Stats

149
Posts
57
Votes
Steve Smithy
  • Boston, MA
57
Votes |
149
Posts

Paying the least in taxes

Steve Smithy
  • Boston, MA
Posted

I'm about to close on my first property, a 4-plex. I plan to buy more in a short while, and I thought one of the main benefits of a corporation was that you pay taxes LAST. So I thought if I bought another property with rental income from this first one later I wouldn't pay taxes on it since I didn't pay myself. Is this not the case? If not why?

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