Location, Location, Location
Friday, November 15, 2013
The above refrain is usually used with regards to investing in real estate. It indicates that, when contemplating a real estate investment, location is the paramount consideration and normally trumps all other factors in determining whether the investment is successful.
While location is a primary consideration regarding real estate, it is also an important factor for investors to consider regarding their general investment portfolios. The reason is that there can be significant tax implications which result from the type of account where investments are held. The complexity of tax rates and tax rules can have a meaningful impact on net returns.
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