Why lease rather than sell your house?
Because it is economically sensible to do so. Here are five considerations:
1. The most difficult part of investing in real estate is asset acquisition. It is expensive in terms of both time and money. So if you own a house, you have already accomplished the tough part. The other part of it is simply managing the asset. If you have neither time nor the inclination to manage, you can hire this part out to a professional property-management company.
2. You will enjoy the short-term tax benefits of depreciation and operating expense deductions.
3. You will probably enjoy a little positive cash flow in the early-years and perhaps a substantial cash flow in the out-years.
4. You will enjoy the long-term benefits of property-value appreciation.
5. Throughout the investment-holding period your value is protected and you can draw against it with a home equity line of credit if necessary. Over the past 200-plus years real estate has proven to be the most secure form of investment in the United States.
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