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I’d argue that unless you’re using a property manager, rental property isn’t really passive, either. Do you want that call at 3 am to fix a flood?
by icedchai 6mo ago
I’d argue that unless you’re using a property manager, rental property isn’t really passive, either. Do you want that call at 3 am to fix a flood?
- Ekaros 6mo agoAt that point I wonder why not just invest in REIT. And then look at how those compare to other possible companies... And then figure out nothing makes much sense.
- Nasrudith 6mo agoHave you seen the taxes for REITs? They are complicated and often taxed as ordinary income instead of capital gains. I have heard recommendations to only use them in Roth IRAs.
- icedchai 6mo agoI have a bunch of REITs in my "dividend" portfolio. This is true, most of the dividends are not qualified.