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Updated almost 6 years ago on . Most recent reply

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Paul Smith
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Use Rental Income to Pay Invoices or Use Credit Card

Paul Smith
Posted

What is the more prudent play: use the rental income to pay for the invoices, or use my credit card that earns points?

Paying with my own credit card will create a greater distribution at months end, so wouldn't that cause a greater tax liability? Or is there no real difference since the net profit will be the same either way? Would love some feedback. Thanks!

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Tom S.
  • Real Estate Investor
  • Burlington, VT
1,435
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Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Paul Smith  I also just edited my post to add the sentences about dispute resolution and extended warranties.

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