real estate invesments instead of 529 plan for young kids

[JasonGraham]

Thinking to start 529 plan for kids who are 15 years away from college age. State 529 gives 10,000 deduction off state fed and state taxes. $3k of tax savings on 10k.

Or else keep paying down the 6.25% mortgage on the highest interest investment property loan with possibility of selling the property when they hit college age, or they could manage it, move into it, or maybe college will be free or less important by then.

529 saves $3000 in taxes this year. Paying down the mortgage only saves $625 this year, and it a business tax deduction.

other thoughts or analysis on 529 or not?

thank you

[WandaCC]

I’ve been looking into real estate as an alternative to a 529, and the long-term flexibility is what really stands out. Unlike traditional college savings plans, a good rental property can generate cash flow and appreciate in value, which gives more options down the road. I came across https://3saestate.com/for-sale while researching properties, and it has some interesting listings worth checking out if you're going this route.

[Ahmad1]

I’m currently in search of an experienced and reliable realtor in Edmonton who specializes in homes and condos. I’m planning to purchase a property soon and want someone who truly understands the local market, including neighborhood trends, pricing, and upcoming developments.

While researching options, I came across some useful insights on infoedmonton.ca that provide a good overview of Edmonton’s real estate market. It got me thinking about finding a realtor who not only knows the city well but can also guide me through the entire buying process, from evaluating property values to handling negotiations and paperwork. I’m particularly interested in realtors with experience in both homes and condos.

If you’ve worked with a knowledgeable realtor in Edmonton, I’d love to hear about your experience. Were they responsive, professional, and helpful throughout the process? Did they offer guidance on financing, inspections, or condo regulations?