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Chris Eidson
  • Rental Property Investor
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Owning vs. renting in light of new tax law

Chris Eidson
  • Rental Property Investor
Posted Feb 17 2019, 09:40

In light of the new tax law, fewer and fewer will be itemizing.  Therefore, the traditional tax breaks for the primary residence are a moot point (i.e. property taxes, mortgage interest, etc.).

It makes me think that I should consider selling my primary residence, especially since the appreciation has been great over the last few years and simply rent.  Using the equity to purchase investment properties and/or do flips.

What do you think?

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