Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

1,257
Posts
221
Votes
Mary Jay
  • Glendale, AZ
221
Votes |
1,257
Posts

Taxes for a trust- can you please help?

Mary Jay
  • Glendale, AZ
Posted

Hey guys, how does taxing a trust works?

Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year in expenses (property management, fixing, etc), so lets say we get 10k per year in income. (12k rent minus 2k expenses=10k taxable income)

How to figure out what tax bracket the trust should pay taxes in?

Its easy with personal taxes because there are tax brackets for personal income, if you make 100K then you are roughly in a 30% tax bracket.

What about trusts? Do trusts have tax brackets? How does taxing income from trust work?

Thank you

Loading replies...