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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (11737)7/24/2003 5:40:31 PM
From: John ChenRead Replies (2) | Respond to 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?