Many financial advisers recommend buying a home to take advantage of the associated tax benefits. If you want the investment portfolio without the hassle of home ownership, life management blog My Life ROI has some suggestions.

Buying and long-term renting each come with their own long lists of pros and cons. On the one hand, the tax benefits of home ownership are pretty sweet. On the other, renters aren’t beholden to a fickle real estate market and can move fairly quickly if the dwelling no longer suits.

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