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So, in regards to taxes. ... Tax Benefits for real estate are huge! You get to write off
roughly three... three quarters to
… eighty five percent
of what you pay in real estate on a monthly mortgage basis
for the first fifteen years. You write off interest, taxes, insurance...
and since you’re only
paying a sliver of principle in the first place...
... what you're able to
what you're not writing off is very very small. And if you're investing in real estate, at the
same time, you get what's called depreciation.
Depreciation is huge because it protects
the income that you get from cash flow.
that is a fact that obviously, you do need to
speak to a tax professional about.
Also you are able to write off other expenses – and almost every expense
connected with your investment real estate. If you go to
check it out,
you can write off the entire trip. You can write off the plane. You can write off the food.
You can write off the hotel. If your roof breaks, it’s a write off
if your …
If you've got to buy anything – your property management services
are a write off -
just almost the entire endeavor is a tax write off.
So, in terms of taxes...
investment real estate is a wonderful alternative.