Personal Investments • Should we buy out co-owners of rental property?

There's 4 primary ways you make money with real estate: cash flow from rents, appreciation, debt paydown, and tax benefits. It doesn't sound like there's much cash flow unless you can step in and raise rents, you said its not in a great area which will stifle appreciation, you own it outright which means there's no long term debt paydown, you'd get some tax benefit in that the 12k/yr would be off set by depreciation but that hardly makes it a good rental property.

I'm on team sell. Take your portion of the money and go buy a rental property you're more excited about

Statistics: Posted by Bikesy — Fri Jun 21, 2024 4:29 am — Replies 10 — Views 730

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