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

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Revision as of 05:35, 12 November 2024

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What everyone knows as your 'income' tax has a set of tax brackets each having its own tax rate from 10% to 35% (2009). These rates are placed on your taxable income which is income greater than your 'tax free' funds.

Three Year Rule - The tax arrears in question has turn out to be for returning that was due at minimum three years in you will discover. You cannot file bankruptcy in 2007 and work to discharge a 2006 tax owed.

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