Rental properties offer the rare opportunity to generate extra cash in post-work life. Indeed, a well-located unit can produce an extra $200 to $1,000 per month after expenses.Another big plus of income-producing properties is that the IRS lets you depreciate the building portion of your property (minus the land) over 27.5 years, which means much of your cash flow will be tax-deferred. Including real property into your retirment plan along with your other investments is a wise strategy. Contact me at: alan@alaninaustin.com to find out more on investing in real estate for retirement.
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