Just wanted to say thanks to everyone for the feedback!
My initial thought was that it isn’t worth buying a rental property just for the tax break, and I think I will stick with that line of thinking.
At this point, who is worse? The government or Mr. and Mrs. homeowner who don’t deserve the profit on their house? I’d almost say that I would rather give the government more money.
I can’t justify handing over a huge profit to these unreasonable homeowners! Besides, I think we will run out of bigger fools – I’ll be stuck with anything I buy!
