Any CPAs on the forum ? Checking my logic here as real estate has many write offs and a w2 job dosent have many.
What equivalent w2 income I need to make to keep $9000 after tax rental income?
so if I’m in 35% fed and 7.8% state and 7.5% social security that I pay as an employee I DONT need to pay that on rental income so wouldn’t I need to make that much more to keep $9000 after tax from w2 ?
What equivalent w2 income I need to make to keep $9000 after tax rental income?
so if I’m in 35% fed and 7.8% state and 7.5% social security that I pay as an employee I DONT need to pay that on rental income so wouldn’t I need to make that much more to keep $9000 after tax from w2 ?
Statistics: Posted by Flynow7 — Thu May 09, 2024 5:58 pm — Replies 1 — Views 182