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Updated almost 12 years ago, 01/31/2013
Tax Rates on Rental Income
Greetings All,
I am new to the real estate investing world, planning to make a purchase this summer. I was curious about how rental income is taxed, specifically in the state of GA. Does anyone know the current rates... for example, if I made 10k per month in rental income... what type of tax rate (fed and state) should I anticipate?
Thanks in advance for your responses