Is it better to pay a higher interest rate or better to earn more up front and have to pay more taxes on the earnings.
Vern, Glad to meet you. Would you mind paying Uncle $250K if you made $1M? Neither would I. Why not go for the 'Gold' in your real estate investing career and give unto Ceasar what is do to Ceasar. Welcome on board this board. Keep up the posting and let us know when you make your next million or first one. John $Cash$ Locke
Good point. As long as I make a profit, why worry about taxes. I don't want to pay more than my fair share. But give to Ceasar what is due to Ceasar is the best way to look at it.
The government is going to get their share one way or the other. It is wise to check into every tax saving stragtegy that you have.
Vern,
Glad to meet you.
Would you mind paying Uncle $250K if you made $1M?
Neither would I.
Why not go for the 'Gold' in your real estate investing career and give unto Ceasar what is do to Ceasar.
Welcome on board this board. Keep up the posting and let us know when you make your next million or first one.
John $Cash$ Locke
Good point. As long as I make a profit, why worry about taxes. I don't want to pay more than my fair share. But give to Ceasar what is due to Ceasar is the best way to look at it.
The government is going to get their share one way or the other. It is wise to check into every tax saving stragtegy that you have.