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Updated over 12 years ago on . Most recent reply

Account Closed
  • Alpharetta, GA
0
Votes |
17
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Tax Rates on Rental Income

Account Closed
  • Alpharetta, GA
Posted

Greetings All,

I am new to the real estate investing world, planning to make a purchase this summer. I was curious about how rental income is taxed, specifically in the state of GA. Does anyone know the current rates... for example, if I made 10k per month in rental income... what type of tax rate (fed and state) should I anticipate?

Thanks in advance for your responses

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