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  • February 23, 2008 at 7:40 PM #159000
    patientrenter
    Participant

    Ozzie, if rent for a home like yours is $4,500 / month, then your home can be sold for well over a million dollars. If you sold, I am pretty sure you could get at least $3,000 / month in tax-free munis on that million dollars over the next 4 years. You’d also save on property taxes and maintenance. That means your net cost for renting for the next 4 years would be less than $70K. This seems small compared to the likely depreciation you’ll suffer if you stay.

    Saving a few hundred grand doesn’t seem important compared to the depreciation you’ll avoid if you sell? You must be very well off to not care about saving a few hundred grand. I’ll give you my address so you can mail me a refund check when my tax dollars are used to bail you out!

    The only reason not to sell, besides not needing to care about money, is if you’re already almost underwater on your mortgages. Then you may as well hold on and bail for free if prices keep going down.

    Patient renter in OC

    February 23, 2008 at 11:19 PM #158747
    sdrealtor
    Participant

    Ozman,
    What happened to all your buddies lining up to snap up office space in South Carlsbad to move their rapidly growig tech businesses?

    February 23, 2008 at 11:19 PM #159039
    sdrealtor
    Participant

    Ozman,
    What happened to all your buddies lining up to snap up office space in South Carlsbad to move their rapidly growig tech businesses?

    February 23, 2008 at 11:19 PM #159051
    sdrealtor
    Participant

    Ozman,
    What happened to all your buddies lining up to snap up office space in South Carlsbad to move their rapidly growig tech businesses?

    February 23, 2008 at 11:19 PM #159058
    sdrealtor
    Participant

    Ozman,
    What happened to all your buddies lining up to snap up office space in South Carlsbad to move their rapidly growig tech businesses?

    February 23, 2008 at 11:19 PM #159132
    sdrealtor
    Participant

    Ozman,
    What happened to all your buddies lining up to snap up office space in South Carlsbad to move their rapidly growig tech businesses?

    February 23, 2008 at 11:22 PM #158752
    patientlywaiting
    Participant

    patientrenter, I was thinking the same thing but you said it best.

    February 23, 2008 at 11:22 PM #159044
    patientlywaiting
    Participant

    patientrenter, I was thinking the same thing but you said it best.

    February 23, 2008 at 11:22 PM #159056
    patientlywaiting
    Participant

    patientrenter, I was thinking the same thing but you said it best.

    February 23, 2008 at 11:22 PM #159063
    patientlywaiting
    Participant

    patientrenter, I was thinking the same thing but you said it best.

    February 23, 2008 at 11:22 PM #159137
    patientlywaiting
    Participant

    patientrenter, I was thinking the same thing but you said it best.

    February 23, 2008 at 11:24 PM #158757
    djc
    Participant

    Thursday, February 21, 2008
    Half a Million Loss and Still No Sale?
    A lawsuit has been threatened against this blog by the owner of this property currently with NOD filed. Comments are disabled and the post removed.

    February 23, 2008 at 11:24 PM #159049
    djc
    Participant

    Thursday, February 21, 2008
    Half a Million Loss and Still No Sale?
    A lawsuit has been threatened against this blog by the owner of this property currently with NOD filed. Comments are disabled and the post removed.

    February 23, 2008 at 11:24 PM #159061
    djc
    Participant

    Thursday, February 21, 2008
    Half a Million Loss and Still No Sale?
    A lawsuit has been threatened against this blog by the owner of this property currently with NOD filed. Comments are disabled and the post removed.

    February 23, 2008 at 11:24 PM #159069
    djc
    Participant

    Thursday, February 21, 2008
    Half a Million Loss and Still No Sale?
    A lawsuit has been threatened against this blog by the owner of this property currently with NOD filed. Comments are disabled and the post removed.

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