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I didn't re-invest 1M, but the two rental properties that came out of my father's trust and into my hands are pretty much cash cows.
Just did my taxes Monday, was really worried about these new income streams. Since they are new to me, the depreciation, plus some $ I invested to upgrade one places, means their combined ~4200/month income has no net effect on my tax. Heck, with no other changes in employment withholdings, I'm writing checks for April 15 about $2k less than last year.
Nevada property taxes have to be MILES below Cali, no?
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I have romped on her and I giggled like a drunk infant the entire time. - Sedan_Clan
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