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The Pros and Cons of Being a Landlord

Before buying a rental, here's what you should know about being a landlord.

[Updated: Feb 04, 2021 ] Jan 04, 2020 by Liz Brumer

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Pros of being a landlord Cons of being a landlord
• Extra income

• Tax deductions

• Equity and appreciation

• Time commitment

• Risk and liability

• Ongoing maintenance and unexpected repairs

• Capital tied up in a long-term investment

• Vacancy

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