Real estate is one of the most tax advantaged investment strategies out there.
Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.
Making millions a year and often paying $0 in taxes.
Short Term Rentals supercharge this:
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@elizameelife Asset = liability + equity. Say you just bought a car for 20k, and you paid 5k down payment (ur equity). You borrow the other 15k from the bank (ur liability). As you make car payments, you owe the bank less (liability goes down and equity goes up). The asset is still worth 20k.
Great job by @elonmusk in agreeing to build, in TEXAS, what is expected to be the largest auto plant anywhere in the world. He kept his word to me. Texas & @Tesla are big winners. MADE IN THE USA!
Call me racist, call me a “cracker”, tell me to go get run over, whatever is gonna help you sleep at night. I know who I am & I know what I support. I support black lives & I support cops. I support PEACEFUL PROTESTS. But I don’t support rioting & looting & harming people during.
My fellow Americans - My first and highest duty as President is to defend our great Country and the American People. I swore an oath to uphold the laws of our Nation -- and that is exactly what I will do…