Paying Taxes on NOI How not to?
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?.