Originally Posted by
Zman81
No it’s a good 2 cents at that thank you for that post. One of those tax guys mentioned how if you took the money that you would have put into real estate and simply placed it in a mutual fund with descent returns how you would be ahead in the future. So it’s really good to get peoples perspectives. The more we share the more knowledge we all gain !
The real money in rental property is made by selling the property. Of course, this takes time, luck, timing, and market value.
When considering a rental property, think about a duplex. One property tax rate for two rental units, and the rent in one side pays the mortgage if you have it bought right.