[84porsche]

Just out of curiousity. What's in Montana?

Tabs, I was assuming the property was paid for. But you are correct either way their is property taxes. Rent also has a downside as you are really getting no value for your money. At least in a mortgage you still have access to your money.

Another thought - Motion could you rent out your own property now? The rent on property in So Cal has got to be through the roof. You can easily make $200-$300 on top of your mortgage pymt assuming your int rate is low. At the same time, borrow against your home and take out enough money to buy your Montana land. I know it sounds risky but if all works you end up owning your So Cal property, your Montana property and your rent for your last year. Renting could be a hassle but it sounds if you live in a good neighborhood and have a pricey property. Just my .02.