Real Estate
Advantages
- Leverage
- you can borrow to buy (using other people's money)
- Income
- you can get rental income which offsets the mortgage payments
- Tax Advantages
- no tax on the sale of your principal residence
- capital gains taxation on investment properties
- Capital Cost Allowance (depreciation) on rental properties
- Appreciation
- property prices often go up
page revision: 2, last edited: 17 May 2007 16:08