Is owning an apartment building profitable?

It can be. It depends on many factors:

  • Rental income
  • Vacancy factor
  • Expenses
  • Appreciation
  • Unexpected costs
  • Much more

There are benefits:

  • Tax deductions
  • Potential appreciation
  • Cash flow
  • More

This is a very complex subject that requires the expertise of a knowledgeable real estate professional, tax advisor and financial planner to analyze your specific situation.

Leave a Reply