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Especially when you consider all the tax affordances related to owning real estate vs. equities.
by spiantino 2y ago
Especially when you consider all the tax affordances related to owning real estate vs. equities.
- JumpCrisscross 2y ago> all the tax affordances related to owning real estate vs. equities The only ones I can think of are depreciation (analogous to capital loss harvesting), 1031 exchanges (loosely analogous to step-up basis; this is the biggest difference) and opportunity zones (analogous to QSBS). If you borrow against your equities, you can deduct the interest paid on that. That mortgage-interest deductions are bigger is a function of the lending being federally guaranteed more than tax law.