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While that is a good possibility, its not the only reason to invest in real estate.
It was a 200-year-old house that needed a lot of work.
He quickly asked himself, What can I do thats a bit more passive?
I knew that if I could hang on to the rental properties, they would appreciate, Greene said.
My tenant is paying down my mortgage each and every month.
Tax Benefits
Another benefit of homeownership is the tax benefits that it incurs.
Other write-offs include the interest on the loan for the property, depreciation on the property and so on.
These tax benefits may vary from state to state, however.
For one thing, he opts for standard rentals, not Airbnb ormidterm traveling nurse rentals.
If it does, its something Id be willing to sign up for.
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