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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
Reading Time: 1 min read
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.

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About

Lynnette Khalfani-Cox, The Money Coach®, is a personal finance expert, speaker, and author of 15 money-management books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom.

Lynnette has been seen on more than 1,000 TV segments nationwide, including television appearances on Oprah, Dr. Phil, The Dr. Oz Show, The Steve Harvey Show, Good Morning America, The TODAY Show and many more.

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