This is not very accurate you can deprecate the building offsetting the rent income and only pay the tax if you sell the building and do not reinvest into a dif

This is not very accurate you can deprecate the building offsetting the rent income and only pay the tax if you sell the building and do not reinvest into a different property. In reality you can defer taxes indefinitely by just rolling over into the next purchase. If you need the cash you just take out a loan against the property.