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Old 02-12-2016, 05:41 PM
finnbow's Avatar
finnbow finnbow is offline
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Join Date: Oct 2009
Location: MoCo, MD
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Quote:
Originally Posted by nailer View Post
I'd bet a sawbuck that most of those who don't do it TJ's way spend, not invest, the additional down payment money he's invested in real property.
My point was that, in most metropolitan areas, if one deliberately buys a home so inexpensive that they can't itemize deductions, they bought too little house (or not in a nice enough neighborhood) to maximize capital appreciation potential. This assumes, of course, a steady income in a decent metro area.
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