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Updated almost 3 years ago,

User Stats

8
Posts
1
Votes
Stephen Macrae
  • Investor
  • Cape Breton, Nova Scotia
1
Votes |
8
Posts

Building or buy existing duplex for a rental property. What’s the

Stephen Macrae
  • Investor
  • Cape Breton, Nova Scotia
Posted

Hi guys,

first post here. I was looking for some information on whether to build a duplex to rent and create passive income or just buy existing? What’s the pros and cons?

I think with a new building there’s less maintenance surprises. 

I just don’t know if it’s worth it. Is there any tax deduction for building like there would be for flipping?

I’m a new investor and was just looking for feed back.


thanks

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