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Should you purchase a home or be a renter your entire life? Purchasing multiple homes is the correct answer! Eventually, you will pay off your homes and collect rental income throughout retirement and your lifetime. Your kids will inherit a paid-off home and continue your legacy far into the future. You are starting a powerful snowball effect of passive income. Additionally, you can write off many expenses associated with rental income, including maintenance, mortgage interest, property taxes, insurance, and depreciation. Earning tax-free income can be challenging, but real estate is perhaps the best option. So join the rental income bandwagon now. Good Luck!
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