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A woman with dark hair and a purple top smiles at the camera. She is wearing a gold necklace, her serene expression reflecting the relief of securing child support for her family.

Video: Risk of Buying Real Estate for a Tax Purpose

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During many of my financial seminars I’ll meet someone that is thinking about investing in real estate.

Usually these people have little or no credit card debt and are in a comfortable position financially.

Often times they have heard that investing in real estate for a tax purpose – specifically speaking, a tax deduction –  can be advantageous.

One of my reader’s recently posed a question about the pros and cons of buying real estate for a tax purpose.

Continue watching to hear my answer and my tips on buying real estate in the current economy.

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