Ali Ata: The Pros and Cons of Real Estate Investments
Real estate properties are among the most stable types of investment, but they’re not for everyone. Before you decide to put your stakes on real estate, experts like Ali Ata recommend understanding the advantages and disadvantages of this type of investment. Here are the benefits of investing in real estate: 1. Real estate properties appreciate over time. Their value tends to increase the longer you own them, unlike the value of most machines, such as cars. 2. You get a tax incentive for owning property. If the value of your property does drop, you may be entitled to incentives that can lighten your tax burden. 3. It’s a good source of passive income. If you’re not using your property personally, you can have it rented or leased to tenants. 4. It’s ideal for retirement. Because real estate investments tend to be long-term...