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Updated over 7 years ago,
Tax Benefit for W2 Income
Hello,
I am new to real estate investing. Part of the reason I'm beginning down this path is for a tax shelter for my W2 income. I'm married with one child and make $135K.
Will I benefit more in tax deductions by purchasing a $60K house and put ~40K worth of rehab into it OR purchasing an $100K house that requires little to no rehab?
Thanks in advance for your advice.