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Updated about 10 years ago on . Most recent reply

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390
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496
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Neil Henderson
  • Specialist
  • Carolina Beach, NC
496
Votes |
390
Posts

Income Tax Expense

Neil Henderson
  • Specialist
  • Carolina Beach, NC
Posted
For those properties with positive cash flow; I wonder how many of you set aside a certain percentage each month to pay for income tax. If so, I'm curious what the average is. My wife and I currently have an AirBnB rental and we carve off 25% of all rental income to pay for taxes at the end of the year. If there is any left over, bonus.

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