2 ms·
The calculation gets more complicated with appreciating land, and leverage.
by tehlike 7y ago
The calculation gets more complicated with appreciating land, and leverage.
- quickthrower2 7y agoAlso if you pay off the mortgage let's say $2k/m then you are $2k/m better off after tax. Otoh if you rent and invest you need to make $2k/m after tax (so maybe $4k/m before tax, depending on where you live etc.) from the investment to be in the same position.
- tehlike 7y agoYes! You can also do 1031 and things like that to defer taxes. And value adds by doing renos.