We own a rental condo and my husband and I file taxes separately, so I take the house he takes the condo, he makes a nice chunk on tax deductions from the rental, we pretty much break even with the renters.
We are toying with selling the condo and putting money into a SF that we could eventually downsize into once kids off to college, but everything is sooo expensive the more I think about it the higher the prices get, gets so bad I wish I had done it last month and each month gets worse and then I get scared that this insane cycle must end….and I hesitate some more.
Just had house appraised for refi and value has doubled over what we paid in 2012, absolutely amazing!
How are people affording this?? I felt like we were reaching in 2012!
