If you think that the stock market might not be the best place for you to invest, why not think about an investment in real estate?
In the past 40 years, real estate has had consistent appreciation. I’ve assisted several buyers who wanted to “do something” with their money, and not take risks in the stock market.
I offer solid suggestions on what areas are good markets for rentals, and help prepare a novice real estate investor get comfortable with the thought of becoming a landlord. While I’m not a tax and/or financial planner, I do know some simple basics about buying a rental unit(s) that might help ease tax burdens, while also projecting long-term into what will happen if/when you decide to sell an investment property.
Many investors choose residential real estate, 26% of them according to an IRS survey. Why? Real estate is a tangible, marketable investment. It can be highly leveraged with fixed-rate mortgages. It appreciates in value over the years, and it offers highly desirable tax advantages which shelf other income. Residential real estate provides income during ownership and can appreciate dramatically resulting in substantial gains upon resale.
Are you ready to reduce your tax liability? Do you want to move out of the CD market, stocks, low-yield savings and into an investment that can build wealth? I work with investors who have made those same decisions and will be happy to share my knowledge with you.