Wednesday, January 16, 2008

As tax time draws closer, you may find yourself with some extra cash to invest. Why not invest in real estate? Real estate is one of the few investments today that you don’t need the whole purchase price in order to make the purchase. Real estate is also one of the few investments in which you can increase the value of the property without spending a lot of money. Additionally, there are tax advantages to owning property and investing in property has a history of being a very reliable asset, one in which you can get an exceptional return. Talk to your real estate agent about different ways that you can invest, including a 1031 Tax Deferred Exchange or a Roth IRA to make your purchase. Make 2008 a successful year!

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