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!