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Marq Flournoy
  • Villa Rica, GA
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Money Saved is NOT Taxed ep 759

Marq Flournoy
  • Villa Rica, GA
Posted

David, you said money earned is taxed, not money saved. I agree. Rent is $1500.  In theory,  does that also mean i could have my tenant pay my lender $1000 directly and pay me the remaining $500 of their rent? That way, i only have to report the $500 they payed me on my taxes. Is it worth it if my mortgage payments come off of my taxable income anyway? 

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