Investing in real estate is a great way for someone to diversify his or her assets; however, there is a common hurdle that almost all real estate investors face. This comes in the form of a down payment.
Real estate, which is a rental property, has the unique characteristic under the tax code of being able to depreciate it and pretend the asset is going down in value, while, if you are a clever investor, you will acquire property that actually increases in value. Additionally, there are other tax advantages for owning a rental property that can help shelter income.
Some clever millennials are teaching the older boomers a new way to invest in real estate, which goes by the name of "house hacking."
Real estate investors who want to build up a strong investment portfolio always keep an eye out for hot markets, which gives them a chance to pick up properties that add to their portfolio value.
Summary: Looking for real estate in Colorado but not sure where to male the best investment? In this article, we take a look at 3 great cities and introduce you to a host of other options that will have you…