Should I invest in a rental property in retirement?

If you are a CRNA or nurse practitioner thinking about rental property as part of your retirement plan, watch this episode before you write the check. When you run the numbers for a high-earning nurse buying the kind of property they want at today's rates, the result often surprises people.In this episode, Brett Fellows, CFP®, walks through the story of Yvonne, a 55-year-old CRNA in the Charleston area earning $220,000 a year who wants to buy a second rental property before retiring at 62. Brett explores the problems that arise when they explore her options.Why most rental property owners never calculate the one number that tells them if the investment workedThe Cash Flow Illusion: why a property that "covers the mortgage" can still run hundreds per month in the redThe passive loss rule that suspends depreciation deductions for most CRNAs and NPs earning over $150,000What the real exit looks like after commissions, depreciation recapture, capital gains, and state taxesWhy Yvonne's 403(b) outperformed her rental property over the same six-year periodThe Capital Priority Ladder: the order in which high-earning nurses should deploy capital before buying direct propertyHow Yvonne sheltered $71,000 from taxes in year one without buying a second rentalMost CRNAs who own rental property have never run the number that tells them whether it worked: the all-in, after-tax, after-expense, after-time annualized return. #CRNAs #NursePractitioners #RealEstate #RetirementPlanning #TaxPlanningFor more information and resources related to this episode, please visit the show notes.