Updated over 8 years ago on . Most recent reply
Gaining Passive Income
A few months back I bought a 2 Unit Bldg. I used a 203k to upgrade the bathrooms & kitchens in both units. I also reside in one of the units. I definitely want to do another one, I'm just trying to figure out if I want to do a flip of a multi unit or use as another rental property.
Any feedback would be greatly appreciated.
Most Popular Reply
Passive income is the key to wealth. Flipping brings tax implications such as Social Security Taxation that you probably do not want.