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Updated over 11 years ago on . Most recent reply

User Stats

146
Posts
7
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Elisha Keller
  • Upper Darby, PA
7
Votes |
146
Posts

Newbie Question#3: Taxes difference for OO mulitifamily

Elisha Keller
  • Upper Darby, PA
Posted

Good morning folks,

Here's my newbie question for the day. I just finished my first book on being a land lord (this book was single family specific 90% of the time). I'm going to be purchasing a multifamily and be an OO. The question:

What are the differences in how you file for taxes? Do you simply split everything 50%?

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