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EarlyPorsche EarlyPorsche is offline
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Join Date: Dec 2005
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Nice! BUT WAIT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Without a primary residence mortgage you have no deductions...you sure you don't want to take a mortgage out on the house? Say you take out $200,000 and buy a commercial property. You will then have a commercial property to rent/use and a deduction because of the mortgage.

NO PART OF WHAT I WRITE SHOULD BE CONSIDERED OR TRIED! THIS IS NOT LEGAL ADVICE OR FINANCIAL ADVICE! PROCEED AT YOUR OWN PERIL!!!!!
Old 08-05-2010, 07:01 AM
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