investment property: Are You Building Your Estate or Contributing to Somebody Else's Estate?
- 11/01/11 04:23 AM
Is your income stable or tending to increase right now? Are you paying lots of income taxes? Here's a tip: If you invest in a residence for yourself and/or an investment property or two, and pay them off (depending on your age) in 15 or 30 years, you will then be able to live rent-free and/or have a rental income stream during your retirement years when your earnings from employment probably will begin to decline. Home prices are currently fantastic and values may begin to improve again (but you don't have to depend on that to prosper). There are currently rental property income tax … (2 comments)
Is your income stable or tending to increase right now? Are you paying lots of income taxes? 
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