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Tax, SDIRAs & Cost Segregation

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Terry N.
  • Architect
  • Raleigh, NC
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99
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Reporting Rental Income

Terry N.
  • Architect
  • Raleigh, NC
Posted Feb 14 2015, 08:06

Dumb question...I'm a newbie, please forgive...

If I get 1100 a month in rent but I pay 900 in mortgage payments.  Do I report my rental income as 2400 a year?  or 13,200?

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