I’m Losing Money on My Rental Property. Why Am I Still Paying Tax?
Last week, I got a call from a rental property owner who was fuming. “I don’t get it, Baqir,” she said. “I lost money on this property. Between the mortgage, insurance, and repairs, I had to dip into my savings to keep it afloat. So why on earth is the IRD saying I owe them […]...