Appreciation on rental property

[Tommy Mckeown]

This is a very funny question u may think it’s stupid but why is appreciation so good on rental properties?? I know it’s safe if you have to sell your property your not under water. And u can pull Equity out of the property. But if you really want to sell it to make money off of it it gets taxed so hard it’s almost not worth it. I’m not saying I would not like appreciation on my home of course I would want it for safety and if I do want half the money if I sell it. But I just don’t get it when people say they have 10 houses and it’s over $1 million of net worth and they said they are a millionaire. Can you please correct me thanks!