Originally Posted by
JamesBond
I have passed the time where I want to be messing around with real estate. I'm just not interested in the hassles of renters, maintenance and all that stuff. If I had it to do over again, I would have bought a rental property with my ROTH IRA and had all that profit go in to my retirement account tax free (dyodd btw on that).
I don't have anywhere near enough information on these various proposals so I am not committed to any of them. I do know that my tax bill when I retire will not be significantly less than it is now, so adding to my current tax bill might not be the best plan for me. What I hope the MEC comes up with are options and not an all or nothing plan that incorporates either all of us or none of us. That would truly suck.
The number #1 complaint by most folks without in depth knowledge about real estate is exactly what you stated. I highly recommend researching more into real estate. Most successful investors are acquainted with the benefits of division of labor and hire a property manager to handle those hassles.