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Luna B.
  • Investor
  • Sonoma, CA
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Postponing rent collection to lower taxes

Luna B.
  • Investor
  • Sonoma, CA
Posted May 3 2015, 21:04

I need to lower my rental income for this year due to some other income coming in.
I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have my tenants
post date their December 2015 rent to be Jan.1 2016.
I realize this would make my rental income higher for 2016.

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