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Updated almost 5 years ago on . Most recent reply

Steve Proia's profile image
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Steve Proia
  • from Medway, MA
  • Member since Jan 12, 2020
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Steve Proia's profile image
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Steve Proia
  • from Medway, MA
  • Member since Jan 12, 2020
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Steve Proia
  • Medway, MA
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General Real Estate Investing

529 plan or buy properties that cash flow for college and why?

Steve Proia
  • Medway, MA
Posted

Our financial advisors are pushing 529 plans for college. I personally didn’t go to college and successfully own and operate three small business. I’ve heard on the podcast some people will buy properties set them up to be laid off in time for the kids to go to college and use the cash flow to pay school? Thoughts and reason what and why is a better plan?

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Max T.'s profile image
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Max T.
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  • from Philadelphia, Pennsylvania
  • Member since Jan 4, 2015
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  • from Philadelphia, Pennsylvania
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Max T.
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  • Philadelphia, PA
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Max T.
  • Investor
  • Philadelphia, PA
Replied

why not both?

i contribute some of the cash flow from rentals to my son's 529

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