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Updated over 3 years ago on . Most recent reply

User Stats

27
Posts
2
Votes
Ray Valdez
  • Rental Property Investor
  • Harriman, NY
2
Votes |
27
Posts

Paying Taxes on NOI How not to?

Ray Valdez
  • Rental Property Investor
  • Harriman, NY
Posted

I have a questions and i might be asking this wrong way but let me give it a try. Lets say I have a 54 unit building and the NOI is $202,000 i have to pay taxes on that correct? I heard in a podcast (not BP) that if you invest your NOI you don't have to pay taxes. is this true? how would another investment not pay taxes? for example if I use my NOI to buy another building the NOI of that building will have to pay taxes right?.

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