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That's the point? That's what I did using a calculator: https://smartasset.com/taxes/new-york-tax-calculator https://smartasset.com/taxes/new-york-tax-calculato

• sokoloff 4y ago
  No. The ratio is pre-tax, not post-tax. > To meet the requirement of many landlords to earn in excess of 3x rent, one would have to earn 15k a month after tax, or 180k a year after tax. To earn 180k after tax in NY, you need to earn 300k pre tax. The ratio is on pre-tax income. To pay $60K/yr in rent, you need 3x that in pre-tax income, or $180K/yr pre-tax. To earn $180K/yr pre-tax, you have to earn $180K/yr pre-tax, no calculator needed.
  • Victerius 4y ago
    Ah yes. My mistake.