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fragmede
744 days ago
an investment property with a renter in it produces rental income for the landlord, and cash is currently giving me 5% returns for just sitting in the bank.
1 comments
s1artibartfast
744 days ago
I guess I wasnt very clear. I meant that generating income isnt the definition of an asset.
A house is an asset if you have a renter in it or not. It
can
also be utilized to generate income.
link
fragmede
744 days ago
oh that makes sense
link
A house is an asset if you have a renter in it or not. It can also be utilized to generate income.