LoveThisUsername OP t1_jdyr8je wrote on March 28, 2023 at 4:09 AM

Reply to comment by rocket_beer in Cash buy vs mortgage and invest by LoveThisUsername

Thanks! It seems to be the consensus

LoveThisUsername OP t1_jdvalno wrote on March 27, 2023 at 1:42 PM

Reply to comment by luffagus in Cash buy vs mortgage and invest by LoveThisUsername

Yes I need to figure out what the tax burden would be if we sold thank you

LoveThisUsername OP t1_jdv626w wrote on March 27, 2023 at 1:06 PM

Reply to comment by 123456478965413846 in Cash buy vs mortgage and invest by LoveThisUsername

Thank you for this math, we would be getting a pretty big loan (jumbo). Also where we are we will definitely have at least 10K in property taxes which I think also counts towards itemizing.

LoveThisUsername OP t1_jdv5ntj wrote on March 27, 2023 at 1:03 PM

Reply to comment by rocket_beer in Cash buy vs mortgage and invest by LoveThisUsername

Correct that it’s not ultra jumbo, but it would be a big loan