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re: Rental property question
Posted on 1/9/20 at 1:43 pm to Thecoz
Posted on 1/9/20 at 1:43 pm to Thecoz
quote:
I am planning on keeping my rentals till I die and they are now part of my dependable retirement cash flow stream
My plan as well....id like to get 10 or some sort of mix of multi plex's and SF. Keep them long term, get them paid off, and use as part of retirement income. Once they are all paid off I could afford someone to manage them and take a cut if im too old to do so or dont want too anymore. Not dependent on the market. Pass to my kid when I kick it...
2
Posted on 1/9/20 at 1:50 pm to NOLAGT
One other reason I was considering selling this year is that I think this is the last year I can see with fewer tax implications since I've still lived in it three of the last 5 years. I need to go back and refresh myself on that rule.
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