August 23, 2019

NOW THAT YOUR FOCUS IS ON INCOME TAX SAVINGS . . .

I am happy to announce:  Greater Seattle is having a sale!

Purchase pricing for investment properties and the mortgages to buy them are at all-time lows.  Consider the following benefits of investment property:

*  The following are deducted from the rent collected:

  • Mortgage Interest and Points
  • Property Taxes
  • Insurance
  • Utilities
  • Repairs/improvements
  • Maintenance
  • Property Management

*  Depreciation:  Deduction of the value of the ‘improvement’ usually over 27.5 years

BEST OF ALL:  Your tenants are purchasing the property for you!

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