Updated over 6 years ago on . Most recent reply
Financial concerns!! Please help
Hi my name is Esther. My husband and I are looking into real estate investing and plan on investing within the next 6 months. We plan on investing in duplex/triplex/quadplex homes. Our combine income is > 200k. I’m concern how we will be taxed when we start making income on rental properties. I’m planning on buying the properties in Florida. I’m not trying to avoid Uncle Sam but I want to make sure I’m not taxed heavily. I’m not sure how to go about it. Any advice is appreciated.