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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (93867)2/6/2009 1:34:56 PM
From: mishedlo3 Recommendations  Read Replies (1) | Respond to of 116555
 
Fed Overwhelmed, Calls Emergency Consultants To Untangle AIG
globaleconomicanalysis.blogspot.com
AIG is just one piece of the derivatives mess. Nonetheless AIG alone is so complex no one can figure it out. In response, the Fed Calls Emergency Consultants To Untangle AIG. ...
Mish



To: John McCarthy who wrote (93867)2/6/2009 1:49:21 PM
From: Sr K  Read Replies (2) | Respond to of 116555
 
It's always been that way. Own your neighbor's house and rent it to him and you get depreciation and deductions that you don't get when you own it as a Primary Residence.

If everyone did it, the laws would change.

The advantage of owning is the incentive to make improvements that are yours. And in some areas, lower property taxes especially when property values are rising.

And the encouragement to save and eventually own it free and clear.