All Forum Posts by: Patrik Amado

Hi @Natalia Munoz, I'm Patrik, a Realtor in Portugal and an investor in long term rentals.

I am more than happy to help you to understand the portuguese market!

Hey BP,

First time posting.

Still in the Education fase and starting to have some questions.

I've seen that there is a tax on rental income (obviously) and my question is, in the USA, is that calculated considering your lease/contract? And at what %? Does the % variate by state?

I'm asking this because of 2 major reasons:

1 - I live in Portugal and I've started running the numbers on the BP calculators, but remembered that in this country, for annual ou biannual leases/contracts, there is a rental income tax of 28%, and I haven't considered this while filling in the tax portion of the calculator (only considered the property tax). I'm trying to see if any of my calculations are off.

2 - There is a chance I may be moving back to the USA and knowing this information may be a good first step to know what to do once i get there.

Thanks in advance!