Thu Apr 25 2024, by Tyler Gardner
Dad, the stock market is crashing.
Yes, it is.
Why are you smiling?
Because I invest in real estate.
How is that any better?
Because I'm self-employed and have rental income.
That rental income is not considered earned income. No FICA tax.
That's 15.3% that goes back into, you guessed it, more real estate instead of to the government.
Oh, and it's a hedge against inflation. Seems timely, no?
Where did you learn all this?
I just follow Social Cap. He makes complex finance seem easy.
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