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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (1642)2/19/2002 5:21:19 PM
From: TheStockFairyRead Replies (3) of 306849
 
Tradelite-

Can you break down what the cost/tax advantages of paying $1,000 per month in rent vs purchasing a $300,000 home, using 20% down is? Please assume $6600 in taxes per year (pretty much the going rate around here). Please include percentage estimates on the ongoing upkeep, maintenance, remodeling, additional water bills, garbage bills, snow shoveling, ect.

Thanks!
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