Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: JoanP who wrote (83742)	3/21/2001 8:48:17 PM
From: Box-By-The-Riviera™	Read Replies (1) of 436258

pay it off! your cash flow burden will be reduced, you will be ahead a bit of interest, and you will have an asset owned solely by you... hopefully it holds its value.... calculate to a degree the offsets for interest deducts on your taxes vs. increased tax on higher income.... but... as they say in first year accounting... doing into debt to reduce taxes is terrible logic.... actually if you are paying higher taxes...you are making more money....good logic... unless you can beat the interest rate on debt.... its a fools game if you had the money to buy the thing in the first place... two cents

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