Difference between revisions of "The Tax Benefits Of Real Estate Investing"

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Revision as of 08:48, 13 May 2026


The old adage is crime doesn't pay, but one certainly can wonder sometimes about the accuracy of it given the amount of of politicians that look as if be bad guys! Regardless, the fact an individual making money from an offense doesn't mean you wouldn't have to pay taxes. That's right. The IRS wants its unfair share of one's ill gotten gains!

Remember, an individual exemption of $3650 is not deducted on tax but on your taxable income. Say for example your filing status is 'married filing jointly' with original taxable income of $100,000. This causes you to under the marginal tax rate of 25%. Therefore the money it can save on personal exemption is $912.50 (calculation is simple: $3650 multiplied by 25%). For is they spouse, to be multiplied by two that means you save $1825.

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