A Landlord Making $75,000 a Year Could End Up in the Millionaire Tax Bracket

wsj.com

1 pointrefurb2 comments

I can't read the full article but it says the man is selling a building for 2,000,000.

It seems logical that this type of profit being taxed heavily.

Only having 400k after paying mortgage sounds like some equity has been drawn in the past too. Mortgage should be near zero on this.