🏦 I think real estate is probably one of the best long term investments, here are a few 🏘️ reasons why.
1. 💸 Your property can practically pay for itself. You can rent your property and this will help you pay the monthly installments to the bank.
2. 📈 A property generally appreciates in value. For example, if you buy a property for 200 thousand dollars, in 15 years it can be worth up to 500 thousand dollars 🚀.
3. 🤑 You can get tax benefits. If you pay taxes on your property, they can be deductible from your taxes.
4. In addition, depreciation is a tool used to recover the cost of a property over its useful life, this also allows you to deduct taxes.
💥 Are you thinking about investing in real estate?
Tell me about it 👇️
#realestate #investment #wealth #financialeducation
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