6 months agoYou wrote 35% in Taxes. You might have meant a 35% tax bracket, which is 17%-18% total in taxes, or $50K-$55K.
7 months agoYou cannot offset passive income vs W2 income unless you qualify as working in RE for 750 hrs which mean you need a lot more houses.
7 months agoThis offsets passive income, implying you’re wiping W2 with depreciation is deceptive
7 months agoWhat happens in year 2? Is this only if the beach house is a business?
