Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
I just can’t convince myself to buy a house.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="earico" data-source="post: 16198211" data-attributes="member: 114682"><p>I agree with all your points except the taxable gain. For primary residence this will not be the case up to the maximum cutoff. <a href="https://www.irs.gov/taxtopics/tc701" target="_blank">Topic No. 701 Sale of Your Home | Internal Revenue Service</a></p><p></p><p>OP be aware that Trump set the SALT deduction to a $10k max.</p><p><a href="https://smartasset.com/taxes/trumps-plan-to-eliminate-the-state-and-local-tax-deduction-explained" target="_blank">Changes to the State and Local Tax (SALT) Deduction - Explained</a></p><p></p><p>Even with all this I still own mainly because I want to do what I want in my own home. Picking the correct times to buy and location can minimize costs and risk. For instance my interest rate is 3.375%. NEVER think that buying a home is an automatically safe investment. Just ask all the people in the sun states that saw their property values drop by 50% or more back in 08/09.</p></blockquote><p></p>
[QUOTE="earico, post: 16198211, member: 114682"] I agree with all your points except the taxable gain. For primary residence this will not be the case up to the maximum cutoff. [URL='https://www.irs.gov/taxtopics/tc701']Topic No. 701 Sale of Your Home | Internal Revenue Service[/URL] OP be aware that Trump set the SALT deduction to a $10k max. [URL='https://smartasset.com/taxes/trumps-plan-to-eliminate-the-state-and-local-tax-deduction-explained']Changes to the State and Local Tax (SALT) Deduction - Explained[/URL] Even with all this I still own mainly because I want to do what I want in my own home. Picking the correct times to buy and location can minimize costs and risk. For instance my interest rate is 3.375%. NEVER think that buying a home is an automatically safe investment. Just ask all the people in the sun states that saw their property values drop by 50% or more back in 08/09. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
I just can’t convince myself to buy a house.
Top