The Tax Benefits Of Real Estate Investing: Difference between revisions

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Revision as of 10:38, 21 September 2024

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Conversely, earned income abroad, and passive income from foreign securities, rental, or all else abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, should be used as credits against You.S. taxes due.

This offers us a combined total of $110,901, our itemized deductions of $19,349 and exemptions of $14,600 stay the same, giving us an entire taxable income of $76,952.

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