Quote:
Originally Posted by Red
How does that help him pay for the new place?
To quote Seinfeld about Kramer:
"it's easy to not pay income taxes when you have no income"
In the end I think you just re-confirmed what I told CS. Renting the condo out will not help you much, if at all.
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Well I mean I pay 1200 per month right now (inc fees) (in a good spot with my mortgage, but could potentially up the payments) + 2100 in tax per year.
I mean it would be nice to have an appreciating asset, not to mention a fall back plan incase things don't work out with the GF.
I mean I'm already paying $ each month anyways. So I don't expect my rental to cover the the full cost. I have owned it for 2 years now.