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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
Posted by notiger1997
Metairie
Member since May 2009
58559 posts
Posted on 12/3/12 at 8:23 am to
quote:

All my extra money for investing is going towards real estate now.


Are you buying land, or investing into a fund, etc?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73799 posts
Posted on 12/4/12 at 8:11 pm to
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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