If you're comfortable with a long-term horizon, both real estate and stocks can be excellent vehicles for wealth growth.Active vs.

However, we have probably about an acre and a half in the back that I think would be perfect to develop into a storage unit space (easy access for any size vehicle, etc etc.).

As an investor it’s helpful to understand what tax structures are indexed to property ownership vs other vehicles like sales tax, corporate taxes, mineral royalties, etc.

His book offers exceptional tax savings tips through the vehicle of real estate. 

What research have you done so far on market and investment vehicles that you might be interested in?

I am looking to purchase my first rental property but I also have my vehicle lease ending in 2 months.

However, a recent case highlights the importance of thorough documentation and substantiation when claiming deductions, especially for unconventional items like recreational vehicles (RVs).In a curious attempt to write off $40,943, a business owner argued that their RV qualified as a legitimate business office.

Unfortunately my credit took a huge hit because I co-signed for someone’s vehicle and got burned with them missing 8 payments.

Just a couple of lots down from an intersection that averages approx. 30k vehicles per day.

Also @Selina Giarla , this is just for your consideration , I know one CU that has 10YARM "Movable" product that their ARM is always have spread of negative 50-75 bps compare to 30YFRM.Currently they have:10/10 40 Years APR 6.440% Payment per $1,000 $5.77 30YFRM 6.875%APR: 6.892%Payment per $1,000 $6.57