Using Leverage to Purchase More Rentals

Mark suggests that megon and james consider purchasing not one property, but three duplex rentals. By using leverage to purchase more rentals, they increase cash flow and appreciation, as well as the annual tax savings. Depreciation is available as a right off regardless of whether the property actually increases or decreases in value. Even if a 500 thousand dollar property declined in value at the end of year one, is now only worth 450 thousand dollars,. you are still able to write off your depreciation based on what you purchased it for.