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Registered
Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,715
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Bob, as I said, you can still make principle payments with an interest only loan. You know that. And since I put 20% down on my current house and it has appreciated nicely, I have plenty of equity. So my mortgage and property tax payments sure feel a lot better to me than paying rent did. At least I can write it all off as a homeowner and couldn't write a dime of it off as a renter.
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2022 BMW 530i
2021 MB GLA250
2020 BMW R1250GS
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