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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
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Tax Liens & Mortgage Notes
HomeForumsTax Liens & Mortgage NotesDo you pay taxes on cash flow ????
Ricardo A Perez's profile image
Ricardo A Perez's profile image
Ricardo A Perez
  • from Hollywood Florida
  • Member since Sep 1, 2019
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Ricardo A Perez's profile image
Ricardo A Perez's profile image
Ricardo A Perez
  • from Hollywood Florida
  • Member since Sep 1, 2019
Connect
Ricardo A Perez
  • Hollywood Florida
46
Votes |
89
Posts
Tax Liens & Mortgage Notes

Do you pay taxes on cash flow ????

Ricardo A Perez
  • Hollywood Florida
Posted Jul 3 2020, 21:05

Hey BP family ! Any CPA’s out there lol  .  I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much should I be setting a side to pay on taxes. Thank you in advise for responding ! 

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