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Do people purchasing homes realize they're purchasing a depreciating asset?
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Date: August 24th, 2026 9:04 AM Author: Bistre coldplay fan stag film With substantial tax drag, maintenance needs, utility usage, rehabilitation needs over time, liability risk, and limited utility? And that's before you get to interest payments on the purchase money financing instrument. |
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Date: August 24th, 2026 9:27 AM Author: Sable field gay wizard it’s highly underrated not having a house payment. we just paid ours off and it freed up almost $40k a year. we also have an asset to borrow against which is nice since most of our comp comes at the end of the year. (https://xoxohth.com/thread.php?thread_id=5896571&forum_id=2#50088813) |