Do you all pay taxes?

[Brandon Heimsoth]

Quick survey here. I heard a quote from Rich Dad's tax advisor Tom Wheelwright saying something like "if you're investing in real estate and you're paying taxes, you're doing it wrong." So, do you pay taxes? How many units do you own? Are you offsetting w2 income? I imagine there is a certain number of units before you've offset all working income.

[Russell Brazil]

I pay a lot in taxes. It would be pretty hard to generate enough depreciation to offset my earned income, but my properties do reduce my taxable income.  Im also cognizant to not take too many deductions, as the higher income allows for easy borrowing, which is more important to me than reducing taxes.