Retirement Real Estate
The most important real estate investment for many Americans is their own home. All real estate investments, whether your own home or any one of a variety of other real estate investments, can provide an important source of retirement income and tax advantages as you near retirement.
It is critical that you use real estate investment as a key part of your retirement plan. You may want to work with your financial advisor and real estate advisor to maximize your use of your real estate investment.
Real Estate is typically used to describe an “estate” or property consisting of lands and of all things permanently affixed to those lands, such as buildings, crops, or mineral rights. Most of us commonly think of real estate as our home and the land to which it is attached (or a commercial building and the land upon which it sits).
Real Estate investments include:
- Your own home
- Second homes
- Vacation homes
- Rental homes
- Apartment buildings
- Commercial buildings
- Retail Buildings
- Real Estate Investment Trusts (REITs)