The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (11737)	7/24/2003 5:40:31 PM
From: John Chen	Read Replies (2) of 306849

Jim,re:"I've heard it all". How about getting tax benefits for a < $200,000 house? For a standard deduction of $9500+ for couple filing joint return, you really have to borrow to the hilt and pay good interest to get any noticeable 'tax benefits'. Another reason why RE price has to go up, way up, so your tax benefit is huge. Wonder what they teach in RE school?

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