What if any are the tax advantages to buying income properties?

Tax questions are best answered by a CPA or a CFA (Certified Financial Advisor).. Setting that caveat aside, I can speak from more of a personal experience, as well from years of advising & transacting with Clients of a Real Estate Brokerage.. The biggest advantage to owning ┬árental income properties comes from the tax treatment if you own them for at least 2 years and it has been rented out (not your residence). You are allowed to roll any profits from the transaction into a tax-deferred account, from which, if you re-invest… Read More