Frostbloom
New Member
This isn’t a flex!!
I’ve paid financial advisors in the past and can’t say it was money well spent.
If you have a fully paid off investment property worth.$1.2m, what would your next step be?
PPOR fully paid off, worth $1.7–$1.8m.
Relatively high income, $400k+.
Sounds crazy, but would you sell the paid-off IP and use the money to buy multiple properties?
Looking for tax deductions.
Thoughts?
I’ve paid financial advisors in the past and can’t say it was money well spent.
If you have a fully paid off investment property worth.$1.2m, what would your next step be?
PPOR fully paid off, worth $1.7–$1.8m.
Relatively high income, $400k+.
Sounds crazy, but would you sell the paid-off IP and use the money to buy multiple properties?
Looking for tax deductions.
Thoughts?