Quote:
Originally Posted by RWebb
it makes sense or does not make sense, depending upon economic conditions at the time - net present value is the concept
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Help me understand (I'm serious). I "get" the concept of net present value (at least I think I do
), but where is the cash inflow on one's "home" coming from? From my perspective, it's all outflow...paying 3x in mortgage payments in order to reduce taxes 1x from Uncle Sam just doesn't compute for me? Now an investment property is a whole 'nuther subject (if one opts to leverage), but I prefer to own those outright also. Sorry 'bout the hijack...