The Tax Benefits Of Real Estate Investing: Difference between revisions
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Revision as of 12:43, 11 September 2026
Note: Mcdougal is not CPA or memek tax professional. This article is for general information purposes, and needs to not be construed as tax points. Readers are strongly asked to consult their tax professional regarding their personal tax situation. Contributing an insurance deductible $1,000 will lower the taxable income for the $30,000 per annum person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For the $100,000 per annum person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost twice as much!
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