[Verse 1] Sarah owns a rental house downtown Collects twelve hundred every month around That's rental income flowing to her name Before expenses, it's all fair game The tenant pays utilities and more But Sarah handles mortgage at the core [Chorus] Property income streams flowing in Interest, rents, and dividends begin Gross it up then deduct what's right Maintenance, taxes, mortgage bite I-R-O-D, remember the key Interest, Rental, Other, Deductively [Verse 2] Michael's got bonds that pay him twice a year Six percent return, the income's clear That's interest income, fully taxable No deductions make it more manageable Corporate bonds or government debt Interest earned is income you can bet [Chorus] Property income streams flowing in Interest, rents, and dividends begin Gross it up then deduct what's right Maintenance, taxes, mortgage bite I-R-O-D, remember the key Interest, Rental, Other, Deductively [Bridge] Royalties from patents that you hold Lease payments on equipment that you've sold These are property sources, don't forget Income earned from assets that you get Deduct the costs that earn the income stream Repairs and fees to keep your money machine [Verse 3] Property tax and insurance on the place Advertising costs to fill the space Property management fees you pay Reasonable repairs along the way These deductions lower taxable amount Every dollar saved is what will count [Chorus] Property income streams flowing in Interest, rents, and dividends begin Gross it up then deduct what's right Maintenance, taxes, mortgage bite I-R-O-D, remember the key Interest, Rental, Other, Deductively [Outro] From real estate to bonds you own Property income helps your wealth grow strong Calculate it right and you will see How property builds prosperity
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