January 14, 2019
Why investing in real estate can boost your retirement income.
, partner at Farrell Fritz, was quoted in this article.
While 37 percent of business owners surveyed by Nav.com who had real estate investments said they were doing it solely for the income, the vast majority said they expected a number of benefits, including tax breaks. "Real estate is the last effective tax shelter out there, " says Lou Vlahos, a Uniondale, New York, tax attorney for business owners. "The income you can earn from rent, the ability to borrow against the property, and tax deductions all provide benefits you can't get with most assets."
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