Scott Galloway calls real estate 'the most tax-advantaged' investment you can make in the US

Core Insights - The debate on real estate as an investment continues, with some experts arguing it requires significant upfront and ongoing capital, while others see it as a wealth-generating opportunity [1][2]. Tax Advantages - Real estate is highlighted as the most tax-advantaged investment in the U.S., allowing for significant leverage, such as a 20% down payment on a property worth $100, which is not possible with stocks like Apple [4]. - Mortgage interest, property taxes, and certain maintenance expenses are often tax-deductible, which can reduce overall tax liability for homeowners and investors [4]. - Holding a primary home for at least two years may qualify for capital gains tax exemptions, further enhancing the investment appeal [4]. Mortgage Considerations - Despite high mortgage rates, obtaining a mortgage now can still be beneficial due to potential tax breaks [5]. - A clear understanding of personal finances is essential before committing to a mortgage, and consulting a financial advisor is recommended [5]. Building a Real Estate Portfolio - Individuals with the necessary time and resources can strategically build their own real estate portfolios [8].