09-06-2019, 01:15 PM
tomh009 Wrote:Quote:Anyway, to each his (or her) own. I look at the Canadian bank stocks, which pay a 5-6% dividend yield and tend to appreciate in value. And require no maintenance, repair or tenant management. For me, this works much better. But if the condo rentals are working out great for you, more power to you.
Not to mention that the bank stock can be sold in sixty seconds at a cost of a $10 brokerage fee. And those dividends are highly tax-advantaged, unlike rental income, which is taxed as income at one's marginal rate.