my wife and I were looking to buy our first house, but I ran the numbers. after considering the tax “benefit”, we actually come out negative by about $10,000 to $12,000 a year. add to that, we would probably get hit with AMT – we make over $200,000 a year.
we make too much, according to the government, but we can hardly afford a piece of crap condo in south OC!
you can quote me on this: “only the uneducated have and are buying!”
“if people really understood, they wouldn’t have bought!”
