Real Estate Investing Advise

http://www.bloomberg.com/video/buffett-applied-real-estate-parable-to-stocks-sitt-eGWd3d~FT_mDeLO62YOdCw.html

Bloomberg mentions the benefit buying a good asset and holding it for the long term. Most of us have seen the TV shows where flippers are turning through homes, rehabbing the neighborhood and increasing property values for all. When investors assess the upside potential of a distressed property sale the “flip” seem like the best plan; get in, get out. However, capital gains taxes, paying a real estate broker commission, plus the excise tax on the sale, will significantly reduce their profit.

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One thought on “Real Estate Investing Advise

  1. Pingback: Real Estate Investing Advise | TOWN & COUNTRY

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