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Video: Risk of Buying Real Estate for a Tax Purpose

Lynnette Khalfani-Cox, The Money Coach by Lynnette Khalfani-Cox, The Money Coach
in Real Estate
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Lynnette Khalfani-Cox
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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.

Related articles
  • Can I Write Off Credit Card Interest on My Taxes? (turbotax.intuit.com)
  • The Pros and Cons of Investing in Real Estate ETFs (money.usnews.com)
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