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If you are an individual who is exempt from Medicare taxes, you still may be subject to the Net Investment Income Tax if you have Net Investment Income and also have modified adjusted gross income over the applicable thresholds.
If the rental income is taxed at marginal tax rate, itâs a huge... show more I have few rental properties which are considered as long-term investments because its meant for my kids college expense. I am wondering if the rental Income is taxed at my marginal tax rate (at 35%) or at long-term investment income tax rate of 15%. If the rental income is taxed at marginal tax rate, itâs a huge... show more I have few rental properties which are considered as long-term investments because its meant for my kids college expense.