Tucson Real Estate a great investment “Ten Top Reasons To Buy Real Estate”
The Top Ten Reasons to Build Wealth through real estate!
As real estate professionals we are often asked about the advantages to owning real estate. Don and I feel the media often scares teh public about how bad the real estate market is and it’s going to BURST or BUST! We say look at the historical data and draw your own conclusions. Take control!
1. Real Estate is something that you can actually experience and understand. It might be in your back yard!
2. Real Estate is exclusive and will stand on it’s own merits. Location! Location! Location!
3. Your tax accountant can help you determine the paper loss. Basically, if you receive income from your real estate their are tax advantages that will lower your taxes.
4. Have your real estate professional pull the rate of appreciation for the past 10 years. You might be surprised at the steady incline.
5. Real Estate is a great way to create positive cash flow.
6. Buy and Hold! You build equity. You or your tenant pay your mortgage company and this decreases your principal amount.
7. There are tax deferred plans called a 1031 exchange. You must follow the rules.
8. Under the IRS rules your rental investment maybe able to qualify for Tax free residence. Follow the IRS guidlines.
9. You can use your equity and leverage yourself to buy more real estate.
10. In any market real estate has it’s bargains. We are amazed at the opportunities that present them selves. Always be ready to Buy!
Don & Kathy Vallee, RE/MAX All Executives, Tucson, AZ
"When Experience Matters"…
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