Re:Investors bought a record share of U.S. homes in 2021
by dminor on Thursday February 17, 2022 @05:24PM
(#30379509)
Not for the mortgage itself, but real estate investors typically pay very little tax on their rental income. You can take depreciation, and deduct maintenance/repairs, property management fees, property taxes, insurance, etc. in addition to mortgage interest.
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Re:Investors bought a record share of U.S. homes in 2021
by jjav on Thursday February 17, 2022 @07:30PM
(#30380774)
Are you suggesting a business should pay tax on the gross income, regardless of their costs? A store should pay income tax on the gross sales, without deducting the cost of purchasing the things they later sell?