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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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If I netted those rents, I'd consider suicide.
RL, there is no perfect answer to your question. I'd weigh the attributes: timeline, tax bracket, appreciation (or depreciation) rates, maintenance costs. Then, you have intangibles like "pride of ownership," "equity building," etc. Unfortunately, those intangibles have morphed into liabilities in Phoenix. It's funny how a slam-dunk can become a total failure. OK, maybe it's not funny...
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