How I’m Quietly Turning 4 Rental Properties into a Passive Income Goldmine While Crushing My 9-5 Grind
Mike:
Once we closed, it turned out that due to that taxable event, it was actually going to jump to 3,700 a year. So my cashflow went from a projected like 3 0 5 a month to about 1 75. So that was a lesson learned that now I feel like I bother my agent more than I should. And I’m always like, are you sure about the taxes? Are we sure about the tax? I harp on that a lot because of that lesson. Luckily we walked into a good amount of equity on that one, so it kind of balanced out, but cashflow took a hit
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