Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
How you cash flow in Florida if your rental taxes jump 3X ??
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