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Updated 10 months ago,

User Stats

17
Posts
4
Votes
Farooq K.
4
Votes |
17
Posts

$100k to invest, second rental home?

Farooq K.
Posted

$100k to invest.

I am trying to find a way to lower taxable income if possible from W2, I currently have 1 rental.
I was thinking of getting another.

Was looking for general advice.
Should I get 1 rental with the 100k, any certain prices I should target or locations?
I am in Arizona/Gilbert area but the properties here are like min 500k so seems hard to find a good property.
I was thinking buying a townhome at one point, would continue to find deductions I can use against taxable income.
If you have other ideas let me know.

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