How much taxes do I need to pay on my single family rental?
Hello friends, I am just starting out as a rental property investor. I recently bought my second property as a primary residence and rented out the first one. The house I am renting out has PITI of 2700 and I rented it out for 3000 per month. So how much taxes will I have to pay at the end of the year, and what strategies can I apply to pay as low as possible?
Beginner investor here, would love to get your guidance on my investor journey. Thanks!