How To Become A Millionaire In 10 Years (or less)

Either way will have rents coming in so they will have a taxable event. And if a home is paid off then you can still get a loan off of it. That you will not pay taxes on that.

I should have cleared up that I am not the one doing this, a great corporation I know is doing it. It is super and I seem to be able to negotiate a great employees benefits package out of them that takes away a lot of their profits.

To the Roth IRA, you can do better that that by using a Self Directed IRA and buy an Option on a property. There is then no real limit to how much Profit can be made in your IRA or your Kids Educational Ira. Even if you started when they are in their later years, they can get it built up quick.

You have given me pause to reevaluate some of my thinking though and I appreciate that.

Terry