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Unread 2010-11-19, 12:39 AM   #21
Hutch98R1
 
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Join Date: Nov 2008
Location: KS
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Another thing to consider is the equity you are building while taking a tax deduction.
If real estate ever improves you will be putting equity in while it is appreciating. You have to be in it for more than just a few years.

I know a few people who buy at least one house per year. They are now nearing retirement and have 25-50 properties each, and most are paid off or close. Not a bad way to build a retirement. Sell them and completely retire, or keep them as positive cash flow.
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