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I’m Selling My House to Buy Bitcoin

Because Landlord Nightmares, Tenant Laws, and Taxation Just Aren’t Worth It Anymore

Embracing Discomfort.
3 min readNov 13, 2024
Photo by Travel-Cents on Unsplash

You’ve heard it before: real estate is the safest investment. Buy property, rent it out, sit back, and watch your wealth grow. But here’s the truth they don’t tell you – owning property is just another treadmill. A never-ending cycle of managing tenants, paying taxes, fixing leaking pipes, and chasing rent. Sure, your house appreciates in value… in fiat terms. But what does that even mean when your purchasing power is shrinking by the day?

Tenants Are Your Unpaid Part-Time Job

Let’s cut through the BS – managing a rental property is like having a part-time job that pays in stress. You’re constantly on call, dealing with tenants who think a flickering lightbulb is your personal emergency. And let’s not even talk about tenant protection laws, especially in places like Ireland. It’s a one-sided game where the tenant has all the rights, and you, the landlord, are left holding the bag. Evicting a bad tenant? Good luck – it’s like pulling teeth with a spoon.

The Taxman Takes His Cut

You think owning a property is all about passive income? Think again. The taxman is waiting at every corner to skim off your…

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