Got it. Thank you!I think if I need to make repairs to the property, I can note those as costs and decrease the taxable income. Is this something that I should ...
Sorry but I’m still confused. Does it mean that I’ll be taxed at a very small rate (I.e. if California assumes I only make $15,000) or at a much higher rate (I....
Thank you both! One question is what will my California tax rate be? Will is be the rate for someone who makes $115,000 or someone who makes only $15,000?
