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pachucatruth t1_iyf41bq wrote

We raised our tenant’s rent by $100. We are still losing money on the unit 🙃

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Ted_Fleming t1_iyfcgxe wrote

In the short run maybe but a loss is also a tax break…in the long run you are building equity with someone else’s money and will reap the benefits when sold

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DavidVogtPhoto t1_iyfdf5b wrote

Agreed, hard to say it’s “losing money” when someone else is paying your property taxes and equity.

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