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compared with the investment of raw land in that the main profit is made when the property is sold. If the residential homes are selected carefully in a steady growth area, the appreciation can be very lucrative. Holding costs can be covered by rental income. Also there is an excellent tax shelter offered by deducting depreciation from your income which can allow you to reduce the taxes on other income.
If there it anything we can do to help you in the Held of real estate, please i»h ;ne or drop in at mll.t'.t'.N M. DAY.
lt.Al.TOK. The Clopton
House. Washington. Va. 22747. Phone: 675-3400. We’re here to help.
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