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Article Date:
February 2013


Word Count:
755

 

 

Weird, But Higher Tax Rates Increase Rental Property Profits


What? More profits because of higher taxes?

 

Yes. It’s true.

 

And that’s good news since it’s likely that the fiscal-cliff legislation increased your taxes this year.

 

Here’s why this happens: When your rental property shows a tax loss for the year, higher taxes produce a greater tax subsidy, which you realize

 

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immediately if you can deduct your rental property tax losses, or

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later if you suffer from the passive loss rules that limit your ability to deduct losses in the current year. For some of ... Log in to view full article.

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