Why Nostr? What is Njump?
2023-11-30 02:14:40
in reply to

Sir Dr. 1%, Baron of Liberland on Nostr: npub1ngk9w…3482s Funny you should mention loans. Because this isn't. it's buying an ...

Funny you should mention loans. Because this isn't. it's buying an equity stake in a property that will be fully funded, so there's no leverage involved. That's the undoing of many a would-be landlord. If things go sideways in whatever manner that results in rent not being paid, while it still sucks, it's not a crash onto the rocks since the property is fully owned by the investors.

Besides that, you get the tax advantages of a landlord, plus QBI deductions, courtesy of the 2017 TCJA.
Author Public Key
npub1snym8aqnkq5qp9mznf74zp79a86le0kx3ntcvg50pe59vghtnc9sglhdx2