Since 1991, national home prices have appreciated 275%. I break it down state-by-state for you. Slowest? Connecticut with 137%. Fastest? Utah with 599%.
Two misleading RE statistics are: real estate sales volume, home price cuts.
I tell you where I’m spending my summer.
Next, Tom Wheelwright joins us. He authored the new book, “The Win-Win Wealth Strategy”.
He tells us about the 7 investments that the government will pay you to make.
You don’t pay up to 12.3% Social Security Tax on rental income like you do with your day job.
Tax depreciation is explained.
Bonus depreciation is being gradually phased out after this year.
Show Notes:
Tom’s New Book:
State-By-State Home Appreciation Since 1991:
https://advisor.visualcapitalist.com/growth-in-u-s-house-prices-by-state/
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Wealthy people’s money either starts out or ends up in real estate. You need to become an investor, but you can’t lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create generational wealth.
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