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Should You Buy a Rental Property or Start a Business in 2022?!

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LYFE Accounting

Should you invest in real estate or start a business, first? This is a question I get asked all the time. And look I have two businesses and invested in about 10 rental properties/funds.

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So what I want to do in this video is break down what you need to think about when it comes to investing in real estate or starting a business.

Time codes
Intro Joke (0:00)
Investment Timeline (0:56)
ROI of Business vs Real Estate Investing (2:18)
Business and Real Estate Risk Levels (4:19)
Tax Benefits of Business vs Real Estate (6:50)
Lifestyle Considerations (8:37)
The Best of Both Worlds (9:42)

The first thing you need to know about my investing perspective is that investing is a longterm game.

So in my mind, when I look at a business, I’m like okay, I’m going to be in the business for at least the next 710 years... And the same thing with real estate, I look at it as if I am going to own this property for the next 710 years.

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#business #realestate #rentalproperty

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

posted by ancx2r8