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Strategies & Market Trends : Real Estate home/investment -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (65)	8/11/2002 7:25:44 PM
From: David Jones	Respond to of 73

That's some question Don. I can't do it justice. I take those kind of questions to my tax accountant. First thought is your getting the same write off's regardless of which property is holding the note. Depreciation, repairs, maintenance, property taxes, interest on the notes, on the face of it look like apples and apples. That's why I take these things to my tax man. By switching over your interest rate will more than likely be higher on the investment properties plus loan fees, title search, etc, in making the move. You should post the same question over at the other thread. Grace A. Zaccardi there is very good with questions like these. regards; dave