Home - Asset or Liability?
Introduction This question has popped up multiple times on the internet and social conversations. Is home an asset or liability? You may have also thought about this question at some point of time. If you have read Rich Dad Poor Dad, Robert Kiyosaki mentions that an asset is something that delivers positive cash flow and hence a house is not an asset if you are living in it. If it is rented, it’s altogether a different matter....