BIG PINE KEY, Fla.
- Aug. 11, 2022
-- Per Diane Corliss, A leading Realtor in the Lower Florida Keys, with the #1 Real Estate Co. in the Florida Keys.
- Tax benefits. Owning a real estate as investment property comes with more than just one benefit - like earning a passive income. While that's great and is the main reason people become property investors, it's not the only benefit. When you own property in the Lower Keys, it will not only increase in value but will also come with some tax advantages. For instance, you'll be able to deduct many expenses, such as routine maintenance, replacements and repairs, insurance, and more. Just be sure to consult a licensed, experienced tax professional to get these tax breaks.
- Strong appreciation. You've undoubtedly heard the phrase, "real estate is all about three things: location, location, location." Guess what? The Lower Keys deliver big time on location and that's a massive factor in property value and appreciation. Take any regular house in any ordinary neighborhood and put it on a tropical island paradise that's highly desirable with wonderful weather and beautiful scenery, and it suddenly skyrockets in value.
- Solid job market. Okay, if you buy real estate in the Lower Keys (or anywhere else for that matter), you'll need tenants. Here's another benefit of owning property in the Lower Keys - it's a gigantic tourist attraction and is essentially a money magnet. That equals cash in the bank for property investors, who benefit from all the local jobs and need places to live. If you own rental property, you'll benefit from this.
- Leverage for future investments. Owning a property in the Lower Keys not only means increasing your net worth through property appreciation, but it also means that you can use that real estate as leverage to purchase additional assets and increase your net worth.
As you can clearly see, there are some huge benefits to owning a property in the Lower Florida Keys, and now is a great time to get started, before interest rates get too high.
For help or questions about selling or buying a property in the Lower Keys. Please call Diane at 305-849-0934 or see email@example.com