Quote:
Originally posted by MikeM
You should have rolled that money into a new property, then after 3 years you wouldnt have owed any of it anyways.
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Oh, We only have to pay on about 70k or so of the total because of the difference in the property from the time we received it and all the repairs etc . We going to take the tax loss now cause we are going to add on to our current home and it will add another 200 to 300 k to the market value of the house.
We really did not want to be landlords again and reinvest .
