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The Benefits of Owning Rental Property
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[QUOTE="Yusra3, post: 330270, member: 31907"] Owning rental property can provide ongoing passive income from regular monthly rent payments. Well-located properties also build equity over time as mortgage principal is paid down and market values appreciate. Additionally, rental income can offset your own housing costs. If managed properly, rental properties can generate strong cashflow with tax benefits. Leveraging others' rent helps create an additional income stream outside of a salary. There is also pride of ownership in providing housing. [/QUOTE]
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