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Tax, SDIRAs & Cost Segregation

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Mark Forest
  • Real Estate Investor
  • Fenton, MI
153
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946
Posts

Property tax

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted Jul 7 2009, 13:53

I just got the summer tax on my property and it is over $5000.00. I paid $130k for the house. I just do not see how the governement expects landlords to stay in business if they suck away most of the profits. I am only getting around $1100 a month in rent.

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