2 ms·
>I have to subtract from that about 3% for interest, 2.5% in property tax, 1% for maintenance. ... but then you'll also probably (if you're like the average HN
by NovemberWhiskey 6y ago
>I have to subtract from that about 3% for interest, 2.5% in property tax, 1% for maintenance.
... but then you'll also probably (if you're like the average HN poster who isn't taking the standard deduction) deduct your mortgage interest and your property taxes, and you'll be exempt from up to $500,000 in capital gain if married, filing jointly, and using the home as your principle residence.
So ... complicated.