This doesn't include maintanance. Most "real estate investors" pretend those costs do not exist.
Login to reply
Replies (7)
Yes that’s right. They say that you can depreicate those expenses but there is a limit on how much you can depreciate. Once you reach that limit you have to do a 1031 exchange for a different property and then you can depreciate more. But these are all fiat games that eat up a lot of your time. Just holding bitcoin is so much easier.
That is still an opportunity cost and you would be better off buying a whole bitcoin instead of renovating your kitchen.
I agree. Let the landlord pay for that 😂
*handle that I should say
"Eat up your time" is the key phrase here
Time is the scarcest resource so anything that saves you time is more valuable.
Indeed