News for hackers. Stuff that matters.
Re:Owning nothing is now a luxury, thanks to a number of sub... by tehlike on Tuesday June 11, 2019 @01:01AM (#20153117)
The calculation gets more complicated with appreciating land, and leverage.
Re:Owning nothing is now a luxury, thanks to a number of sub... by quickthrower2 on Tuesday June 11, 2019 @01:06AM (#20153134)
Also if you pay off the mortgage let's say $2k/m then you are $2k/m better off after tax. Otoh if you rent and invest you need to make $2k/m after tax (so maybe $4k/m before tax, depending on where you live etc.) from the investment to be in the same position.
Re:Owning nothing is now a luxury, thanks to a number of sub... by tehlike on Tuesday June 11, 2019 @08:28PM (#20160752)
Yes! You can also do 1031 and things like that to defer taxes. And value adds by doing renos.