Dividend Stocks for Wannabe Landlords

Will Rogers once said, “Buy land. They aren’t making any more of the stuff.” Indeed, it’s true that owning rental property has traditionally been a good way to supplement retirement income. Rent is paid monthly and the various expenses related to owning property can be deducted from taxable liabilities. Unfortunately, being a landlord sometimes isn’t all it’s cracked up to be.

Covering a wide swath of the real estate market — including shopping malls, apartments, housing loans, retirement communities and more — REITs offer wide diversification over a single rental residence. Plus, in exchange for operating under a different set of tax rules, REITs are required to distribute 90% of their earnings back to shareholders. Take a look: Realty Income (NYSE:O), Inland Real Estate (NYSE:IRC) and LTC Properties (NYSE:LTC).

Source: InvestorPlace

Related Articles:
- 2 High-Yield Investments To Increase Income While Waiting On Dividend Growth
- 6 Healthcare Dividend Stocks For A Healthy Portfolio
- 11 Low-Debt, Higher-Yielding Dividend Stocks
- 7 Small-Cap, High-Yield Dividend Stocks
- 10 High-Energy, High-Yield Dividend Stocks