Properties that you buy intending to rent out and earn income from are considered investment properties. Investment properties generally come in two varieties: residential and commercial. Residential properties range from single-family homes and condominiums to townhouses and multi-unit buildings. Commercial properties include office buildings, warehouses, and retail buildings.
Residential investment properties are an attractive option because you can rent out individual units or houses, and your tenants will be responsible for paying the mortgage and other expenses. You can also sell your residential property at a profit as long as you hold it for more than one year to qualify for long-term capital gains treatment. Make Invest With Ben your closest Investment company today!
Invest With Ben
Address: 3077 E 98th Street, Suite 275, Indianapolis, IN 46280, USA