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Strategies & Market Trends : Rande Is . . . HOME

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To: Tradelite who wrote (55099)	10/2/2001 5:47:22 PM
From: Jim Willie CB	Read Replies (1) of 57584

his rent is less than house mortgage payment he does lose the deductions but he had a large downpayment originally several years ago if property comes down 25%, he wins yes, cost to sell, cost to buy but much lower utilities I dont regard that as panic reminds me of stock broker in 1994 he urged me to stay the course and avoid the commissions on selling then rebuying my smallcaps declined about 50% I saved the fees though we will see if my friend comes out looking good I think he will probably with a slightly smaller house also / jim

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