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Updated over 6 years ago,

User Stats

18
Posts
8
Votes
Javier G.
  • Rental Property Investor
  • Miramar, FL
8
Votes |
18
Posts

How you cash flow in Florida if your rental taxes jump 3X ??

Javier G.
  • Rental Property Investor
  • Miramar, FL
Posted

I was thinking about renting out my primary residence which has taxes in 2017 for $5,900. When I rented one of my condos, taxes jumped 3x. I was wondering how I'd cash flow if taxes increase to $18,000 ?. I already know that I can rent it out for $2,500/mo as max. If I'm not mistaken, there won't be tax tools on this planet to write off even part of it. Am I right?  Any advice would be highly appreciated.

Javier

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