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Updated almost 5 years ago, 01/26/2020

User Stats

20
Posts
6
Votes
Ralphie Hernandez
  • Specialist
  • Fort Myers, FL
6
Votes |
20
Posts

I make too much money...

Ralphie Hernandez
  • Specialist
  • Fort Myers, FL
Posted

So today I called my CPA to let him know that I’m going to be buying rental properties in the near future. I Wanted to get some insight on some of the tax breaks I would be getting for having rental properties, he informs me that because I make too much money in my regular job that I will not qualify for tax breaks on my rentals. So my question is how is this going to affect my bottom line? 

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