Monday Motivation

Nov 29, 2021

AKA: Taxes! ⁠

Did you know that the government actually encourages real estate ownership? Buying real estate often lowers your taxes and with depreciation it can appear as though you’re running at a loss. Even though you’re making income, you have lower taxes and no self employment tax on rental cash flow.⁠ So more money just goes right into your pocket! That’s the beauty of real estate- it allows you to keep more of the money you make, instead of giving it to the government. ⁠