One thing to consider is that rental properties are a tax offset too. The reason they're not an investment is because they're non productive assets. They don't create additional value. But, they're appreciating assets with compounding cashflows which is better than most passive options.
I don't see it. Supply and demand drastically favor sellers for the foreseeable future. This could change but would take time. Consult a tax advisor but imo depreciating a property with the IRS does not lower basis. Only things such as insurance payouts or the sale of partial lots do.
Property tax steals half your equity every 30 years
One thing to consider is that rental properties are a tax offset too. The reason they're not an investment is because they're non productive assets. They don't create additional value. But, they're appreciating assets with compounding cashflows which is better than most passive options.
I don't see it. Supply and demand drastically favor sellers for the foreseeable future. This could change but would take time. Consult a tax advisor but imo depreciating a property with the IRS does not lower basis. Only things such as insurance payouts or the sale of partial lots do.