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re: How much money do you put in savings every paycheck?
Posted on 12/3/12 at 8:23 am to Fat Bastard
Posted on 12/3/12 at 8:23 am to Fat Bastard
quote:
All my extra money for investing is going towards real estate now.
Are you buying land, or investing into a fund, etc?
Posted on 12/4/12 at 8:11 pm to notiger1997
quote:
Are you buying land, or investing into a fund, etc?
I buy rental properties in high rental markets all over. Not too mention equity capture(if bought correctly), market appreciation, positive cashflow, principle paydown, tax advantages like the depreciation deduction and last but not least.... if you decide to sell, you can roll the profits into a 1031 tax exchange to defer the capital gains tax. When you pass the properties down to your children, they take over the property at the new cost-basis, wiping out all the capital gains tax.
I already have a REIT in my ROTH IRA but I am not using that as an example here.
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