Real Estate and Taxes...
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Real estate is the cornerstone of many investment portfolios. If the government took away the tax benefits, do you think people would still invest in real estate? Why or why not?
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Solution Summary
Real estate is the cornerstone of many investment portfolios. If the government took away the tax benefits, do you think people would still invest in real estate? Why or why not?
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People would still invest for other reasons. Right now, people invest because of huge tax breaks and in addition, they get deductions for the interest paid. Meanwhile, in a normal economy, real estate is supposed to increase in value as time ...
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