Legal Question in Real Estate Law in Illinois

taxes and profit

I've earned 140.000 and am new at landlord status. My costs are 1800/month. I am not at the amt point. I've deducted my realestate tax and interest, and depreciated my fix ups. How do I determine my costs/ per month?


Asked on 4/10/07, 7:47 pm

1 Answer from Attorneys

Re: taxes and profit

This is not a legal question. You are asking an investment question.

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Answered on 4/10/07, 11:24 pm


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