Tax on rental income

来源: 2014-09-17 09:53:24 [旧帖] [给我悄悄话] 本文已被阅读:

Each rental property is an independent entity, rental income should be offsted by financing cost, maintenance, depreciation, you should never has postive cash flow when you file tax return. Depreciation is no-cash expenses, it is the best friend of landlord. It delays the tax payment unless you sold the propery at a net gain