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Updated over 10 years ago,
Sales tax
We (my husband and I) are closing on our first rental property next week. I have been doing market research (craigslist) for comparable rents and keep seeing so much for rent + sales tax. How exactly does this work? How do I figure out how much I will need to charge for that? Is this different than the taxes we will pay at the end of the year on the income?
Thanks!