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Updated about 7 years ago, 11/20/2017

User Stats

649
Posts
52
Votes
Steve S.
  • Dallas, TX
52
Votes |
649
Posts

Tax question on rental income

Steve S.
  • Dallas, TX
Posted

I'm trying to get a better understanding of how much of my rental profit I may be able to keep. 

If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estimate, how much can I keep

And how much is the government going to take?

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