Investment strategy for High income earner ?
Dear All,
I am new to REI, and have been researching optimal investment strategy for me and my family. If we invest in cash flow property, after taking the depreciation tax benefit, the positive rental income will still be taxed about 20% (right?). Please correct me if I am wrong; there is no tax benefit difference for low or high income family, if we are only using rental property as the investment strategy. Am I correct?