Updated almost 4 years ago on .
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Effective tax rate on PM Income or RE Agent Income?
It's Tax Time! Curious to see what independent property managers or real estate agents are seeing for effective tax rates.
Given it's a service business with little offsetting expenses/deductions, seems like it can be difficult to lower the tax burden.
As an example, for every $100 of net income, I'd ballpark that 20% of that could be paid in taxes after reasonable deductions.