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

To: Broken_Clock who wrote (205401)	5/31/2009 1:10:06 AM
From: Steve_C	Read Replies (1) \| Respond to of 306849

You're confused. I assume you're thinking of federal deductions for property taxes - we're leaving that out for illustrative purposes. The "tax break" in question here is the property tax itself (with the lower tax being the "break"). The federal deduction is a secondary consideration which doesn't offset the differences in property tax rates - so it doesn't make a material difference in the example given. Don't comment if you don't know what's going on. Go to bed grandpa.