2) A More Fabulous Kick Start
Acquisition of multifamily real estate is a better investment with low volatility, which could be your fantastic endgames strategy too. You will retire with multiple streams of income. If you want to start small, in a small multifamily property acquired, you can live in one of the units and pay down the mortgage you receive from the tenants residing in other units. Besides rent, you will earn appreciation on your investment capital.
3) Light Years Ahead Of Stock Market Return
Multifamily syndication returns have significantly gone down in the last two years. Yet you can lay hands on a 1213 % average annual return, which is significantly higher than stock market returns.
Additionally, you are not even paying taxes( decreased taxes are the most extraordinary relief anytime), which means you are light years ahead of stock market returns.
4) Enjoy Cost Segregation Benefits
Under the cost segregation, multifamily real estate investors enjoy reduced current tax liabilities, which imply upfront cash flow. Without cost segregation, multifamily rentals are depreciated straight line for 27.5 years. However, with cost segregation, the depreciation on specific real estate rentals ' components is faster( like in five, seven, or 15 years). The faster depreciation means you can save / make more money with depreciation and cost segregation applicable in multifamily investment projects.
Additionally, the government taxes income from multifamily investment properties at a passive income rate. This means no employment taxes.
Conclusion
I hope this article will help you embrace passive income investing for attaining financial freedom the soonest. Time is to start today, you can easily partner with someone or invest passively completely. What steps will you take in the coming weeks to create passive income? For additional articles by Dr. Mishra, please visit his website at: www. bluoceancap. com.
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