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Reply to "For those with high HHI ($500K), tax saving strategies"
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[quote=Anonymous][quote=Anonymous]Rental properties like others said but $500K HHI feels low for that with housing prices being what they are? Worth noting $600K was the starting HHI that VA recently tried to increase taxes for, and SALT phases out entirely at $600K. So the government at least is saying “high income” starts around $600K. [/quote] Rentals are tough. The yield around here is way below 10%. It's above 10% in some places, but the numbers only work if you avoid paying a property management firm. It's not a golden bullet.[/quote]
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