Primary Residence vs. Rental Property: Which is best for you?

Welcome to Episode 2 in my Series REAL ESTATE INVESTING IN NEW YORK!
This series is also on YouTube, so if you're interested in visuals, you can go here to watch: https://www.youtube.com/watch?v=OqAJyfZTM-E&list=PLizl0_41aCfl_bFhI1KUp8upypyqSZIF1 

This Episode covers everything you need to know about the financial and lifestyle implications of owning a Primary Residence vs a Rental Property. 
 
Topics covered in this Episode:  

☆ Benefits of property ownership 
☆ Appreciation 
☆ Depreciation 
☆ Similarities & Differences between Primary residences and Rental properties 
☆ Some Tax implications of property ownership 
☆ Mortgage interest 
☆ Capital gains tax 
☆ Mortgage basics 
☆ Debt-to-income ratio 
☆ Rental Property write-offs 
☆ Seeing Rental Property ownership as owning a business 

Don’t miss Episode 3 which will explain my own personal Real Estate Investing strategy, exact scenarios of your financial obligations of owning a Primary Residence vs Rental Property, and how to make rental properties work for you. 

If you ever have Real Estate related questions, feel free to Email me any time: [email protected] 

Follow me on Instagram: @downtownnative - instagram.com/downtownnative 

Discover the value of your home: http://findbuyersbk.elliman.com/cdanza

If you enjoy this podcast, I would truly appreciate you giving it a 5-Star review so it can reach more people! 

Please subscribe!