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Subject:  Re: The Bush Tax Cut Date:  4/1/2001  12:57 PM
Author:  fleg9bo Number:  35231 of 876397

Mr. X took in cash flow of $400,000 from his rental property. Income and Self Employment Taxes = $0

Mr. Y took in a net of $400,000 from his service business. Income & Self Employment Taxes = $172,441.

How much did it cost Mr. X to put a new roof on his rental property? How much less than $400K will he collect next year when a tenant or two move out and it takes a while to replace them? Does he still come out ahead?

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