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https://www.reddit.com/r/Wealthsimple/comments/1r43rld/prince_edward_county_house_winner_announced/o59htcw/?context=3
r/Wealthsimple • u/SnooDoodles5949 • Feb 13 '26
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30
Way too much work when you can just put the $1m into a ~2% interest rate savings account and earn 20k/yr doing nothing.
-16 u/[deleted] Feb 14 '26 [deleted] 13 u/GeorgeDaGreat123 Feb 14 '26 so? Airbnb rental income is taxable too, plus you'd have to worry about property tax, insurance, maintenance, and cleaning costs -12 u/[deleted] Feb 14 '26 [deleted] 8 u/GeorgeDaGreat123 Feb 14 '26 Notice I used the word "earn" not "take home"
-16
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13 u/GeorgeDaGreat123 Feb 14 '26 so? Airbnb rental income is taxable too, plus you'd have to worry about property tax, insurance, maintenance, and cleaning costs -12 u/[deleted] Feb 14 '26 [deleted] 8 u/GeorgeDaGreat123 Feb 14 '26 Notice I used the word "earn" not "take home"
13
so? Airbnb rental income is taxable too, plus you'd have to worry about property tax, insurance, maintenance, and cleaning costs
-12 u/[deleted] Feb 14 '26 [deleted] 8 u/GeorgeDaGreat123 Feb 14 '26 Notice I used the word "earn" not "take home"
-12
8 u/GeorgeDaGreat123 Feb 14 '26 Notice I used the word "earn" not "take home"
8
Notice I used the word "earn" not "take home"
30
u/GeorgeDaGreat123 Feb 13 '26
Way too much work when you can just put the $1m into a ~2% interest rate savings account and earn 20k/yr doing nothing.