Investment properties...

[Cali Coug]

Originally Posted by danimal

That's right. I think that our rent is roughtly equivalent to what a mortgage payment would be. But you also have to add in property tax, which seems to be pretty high here. Our landlord told us that it takes almost half of our rent to pay the property tax on the house.

Yes, but you also get interest deductions, and if you live in it for 2 years you get further tax benefits.