My real estate properties show a profit

[Jason Sinclair]

I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into the property and I guess the straight line depreciation just isn't enough to push us into a net loss on taxes. Am I doing something wrong or missing something here? Thanks for any advice!

[Jeff He]

Sounds like you got yourself a really good property. :) Congrats!

You should take everyone who comments on this thread out for dinner and write that as an expense. jkjk