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DEBT IS NEVER TAXED #shorts

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Debt is never taxed. You’ve heard people say this before, but there are a couple of things you should know. First, you need to be careful using debt.

You can become over-leveraged and lose your assets. Second, paying interest is not the same as paying taxes.

Last, there is a tax when you sell, but most investors exchange their gains into another property and kick the tax can down the road.

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#investing #debt #howto
Category
Debt Education Niche Subjects
Tags
DEBT IS NEVER TAXED, real estate, millennials

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