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Updated over 8 years ago on . Most recent reply

User Stats

368
Posts
120
Votes
Pete Perez
  • Engineer/Real Estate Investor
  • Renton, WA
120
Votes |
368
Posts

Seattle High Income Tax Proposals

Pete Perez
  • Engineer/Real Estate Investor
  • Renton, WA
Posted

Hi BP,

I was curious what local investors think of the High Earner's Income Tax that Seattle is talking about currently? How do you think it would impact your business? I am not clear on the details of the tax either. I keep reading different percentages taxing different income sources. 

Thanks Everyone!

Most Popular Reply

User Stats

17
Posts
8
Votes
Michael Kimmell
  • Rental Property Investor
  • Olympia
8
Votes |
17
Posts
Michael Kimmell
  • Rental Property Investor
  • Olympia
Replied

I have already started buying more property in the Midwest. Stuff here is too expensive and it's hard to cash flow out. But I have to admit the crazy rise on property has given me equity and the cash to buy else where.

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