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fintstone fintstone is offline
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Join Date: Oct 2000
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With my house, I was able to own/benefit from a $200+k investment for $10K, live in it, and deduct most of my payment (rent) from my taxes. It just doesn't get much better. Even if you get a 2 or 3 percent return per year on the $200k, you are doing pretty darned good if you only invested $10K...the leverage multiplies the return by 20.
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74 Targa 3.0, 89 Carrera, 04 Cayenne Turbo
http://www.pelicanparts.com/gallery/fintstone/
"The problem with socialism is that you eventually run out of other people's money"
Some are born free. Some have freedom thrust upon them. Others simply surrender
Old 04-08-2007, 05:29 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #10 (permalink)