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  • Is rental income taxed the same as regular income 2024?

    income taxed ordinary income

    Questioner:Harper Baker 2023-05-07 23:44:10
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  • Emma Wright——Studied at Stanford University, Lives in Palo Alto, CA

    The profit or loss from the activity is included in income and taxed at your ordinary income tax rate.Rental income is classified as passive income for tax purposes and it is not subject to self employment taxes.read more >>
    +119962023-05-14 23:44:10

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