My Philosophy regarding Investing in Real Estate is for building wealth in the long term.
Once you buy a home, you should never, ever sell. In my opinion, if you need to move, or it’s time to look at obtaining a different property, your strategy should be to 1031 exchange one piece of real estate for another.
How Real Estate Works For You
Real Estate lends itself to work for you throughout your lifetime. The cycle, in my view is that Cash flow and Expenses are short term income producing activities – or daily business.
Taking Depreciation is a mid-term tax benefit.
The appreciation of your real estate over time is a long-term wealth building possibility because you are able to pass your appreciated Real Estate Assets to your heirs with a current market value at date of death.
I invite you to call me or contact me HERE to sit down and explore your options for putting your home or investment property to work for you.