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Updated over 6 years ago,

Richard Kay's profile image
Richard Kay's profile image
Richard Kay
  • from Los Angeles, CA
  • Member since Jun 28, 2018
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13
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3
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Richard Kay's profile image
Richard Kay's profile image
Richard Kay
  • from Los Angeles, CA
  • Member since Jun 28, 2018
Connect
Richard Kay
  • Los Angeles, CA
3
Votes |
13
Posts
General Landlording & Rental Properties

If you buy all cash do you need to deduct monthlyfor vacancy

Richard Kay
  • Los Angeles, CA
Posted

Hi all. If I buy a rental for buy and hold and I pay all cash, do I need to deduct from my monthly income for vacancy. I understand that when you have a mortgage it’s wise to put a little money aside every month for when your property is not rented. But if there is no mortgage that cash could be profit. Am I correct?

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