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Updated almost 3 years ago on . Most recent reply

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127
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Kimothy Bynum
  • Real Estate Agent
  • Detroit
63
Votes |
127
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Is cash flow taxed? Let me know.

Kimothy Bynum
  • Real Estate Agent
  • Detroit
Posted

I was wondering if cash flow is taxed? Once I'm fully rented out I'll receive around 500 in cash flow. Should I save a percentage of that for taxes?

Most Popular Reply

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Sergey A. Petrov
  • Real Estate Consultant
  • Seattle, WA
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1,032
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Sergey A. Petrov
  • Real Estate Consultant
  • Seattle, WA
Replied

Or your net income could be less than cash flow after depreciation 

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