If you have a $1m mortgage, your deduction is probably phasing out as well.

I like your thinking. It is a great way to look the situation. I just think when discussion risk, you also have to have a plan if it goes the other way. So, why you speak a lot of truth, it isn't complete without a plan for the other way.

Gains are free up to a cap.

Right, but when renting the maintenance comes free and the insurance is much cheaper.

Well, it is the things like utilities - $200, car payment - $450, groceries - $250, furniture - $400, home, auto, umbrella, etc insurance - $400, cable, phone, internet $140, cell phone - $100, work clothing maintenance - $100, yard and home maintenance - $200, property taxes $500, school supplies $100.

But seriously, your advice sounds fantastic because it begins with statements like "let's suppose the housing market also averages 5%". And you just don't get take property taxes and mortgage interest and "knock them off your income tax". They are deductions, not credits.

Possibly, if the cost of borrowing the money, taxes, and cost of maintaining the property leaves you with less profit than investing the money made available by just renting.

Cool. Sounds like you have thought it out. Check back in in a few years. Especially if you have children or have to change jobs or the housing market takes a dive right when you have to sell.

First thing that came to my mind. I live in Texas and $137k can get about a $300k loan.

That is not what you said. You started right off with a missive comment without even engaging in some discussion first.

Yeah, carpentry, sailing, and horseback riding are no fun at all. These kind of activities are just for slow adopters.

What about Natty Boh???

Heh - and I thought it was his douchy choice in eyewear.

Or how about everyone just backing off till she settles down.

Maybe the should have just stepped back and taken cover till she calmed down. What would she do? Run them down on foot?

One thing is for sure, having more guns in this situation did not bring more safety.

Yes. Thank God this guy was not wearing Google Glass.

If you want all the grunting, shirtless, muscley intimidation just head over to 24 Hour Gym. I PF is trying to cater to a more beginner to intermediate crowd.

Wait.. Disney is a for profit business and found a way to move some old merchandise? Oh the shock!