Home » Properties » Investment Property

Should I Pay Off the Mortgage on my Investment Property?

Source: www.primedfw.com
Topic: Investment Property

Sort Desciption: Should I Pay Off the Mortgage on my Investment Property? Prime Properties. Page 1 of 2 ... a common myth that rental properties are a high risk investment, ...

Content Inside: Should I Pay Off the Mortgage on my Investment Property? Prime Properties of 2 rev Date 12/25/2004 17177 Preston Rd., Ste.190 Dallas, TX 75248 (972) 407-9991 This may sound like a strange idea, but it may be better to owe money on an investment property then to pay off the loan. This idea is currently popular with many of our investor/owners and you should consult with your tax advisor to see if it makes sense for you. Using the full spectrum of benefits available from current tax laws and professional management means it could make sense for individuals to make money buying and holding onto residential investment homes. This is not about scouting out foreclosures and rehabbing derelict properties, it is about a long term strategy of financial security by owning quality real estate. Current U.S. tax laws have created unique benefits for owners of income generating real estate. This has caused the explosion of Real Estate Investment Trusts (REITs) where many major corporations and pen ...

Related PDF Files: