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	<title>PropertyInvesting.com | patrickraj | Activity</title>
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				<title>patrickraj replied to the topic Truly a beginner question in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4373202-truly-a-beginner-question/#post-4469549</link>
				<pubDate>Mon, 26 Apr 2004 01:58:11 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi Folks,</p>
<p>Its starting to make more sense. Does this mean that if i were to have a IP that rakes in $300 and say my principle repayments etc comes up to $250, the $50 excess that i make is not going to be taxed because it is an IP??</p>
<p>regards</p>
<p>Patrick Raj</p>
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