Explain why income property cash flow is not the same as taxable income. Property cash flow usually differs from property taxable income because:

Income property cash flow is not the same as taxable income for the following reasons:

- The amount of income that the owner must report for federal income tax purpose is different from the net cash flow created by the rental property

- While the interest part of a mortgage payment is tax deductible, a cash outflow is not tax deductible.

-In the calculation of taxable income from annual operations,a deduction for -depreciation is allowed, however, the owner does not pay for depreciation on an annual basis. This creates a reduction in taxable income as compared to the actual cash flow.

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.

a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a