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

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Latest revision as of 07:26, 12 November 2024

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Marginal tax rate is the rate of tax you pay on your last (or highest) amount of income. In the last described example, the person is being taxed with a marginal tax rate of 25% with taxable income of $45,000. This should mean she is paying 25% federal tax on her last dollars of income (more than $33,950).

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