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Why Affordable Housing Is A Good Investment Opportunity
Successful investors are not just landlords. They are smart property entrepreneurs with portfolios that replicate those of portfolio managers who focus on profitability while offering value to clients. One real estate investment strategy that offers significant rewards is investing in affordable housing or building homes or rentals for people with limited incomes. Look at some advantages of adding affordable properties when investing in real estate. Investors in the U.S. who include affordable housing in their portfolios receive government tax credits. For instance, the Low-Income Housing Tax Credit, also known as the LIHTC, is an incentive given to private real estate investors who make equity investments in affordable rental apartments and…