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<p>[QUOTE="desertgem, post: 4343197, member: 15199"]"The taxes are figured as part of the rent/lease , as are all sorts of fees such as HOA, services, repairs, assessments, etc."</p><p> I was referring to the comparison above about renting to avoid taxes. I was commenting that if you rent , you were still paying for the taxes as the landlord adds the expenses + income to determine the bottom amount of the rent required.</p><p><br /></p><p>.</p><p>We are about 2/3 through the mortgages we have refinanced when rates dropped sufficiently a decade or so ago. The rentals are all within a mile of the college, with county paths so they can walk , bike, even skatboard, etc.. Parking is a big problems so the college limits their lots and the streets are full. The HOAs thankfully are tightly managed so people are careful to avoid fines. </p><p><br /></p><p><br /></p><p><br /></p><p>Before the Corona, I would receive 1-3 calls inquiring about a possible purchase, a week. Not a single one since. and the local paper says repossessions are increasing. Since I am in cash rather than metals or stocks , it might be a buying opportunity, but we will see. Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 4343197, member: 15199"]"The taxes are figured as part of the rent/lease , as are all sorts of fees such as HOA, services, repairs, assessments, etc." I was referring to the comparison above about renting to avoid taxes. I was commenting that if you rent , you were still paying for the taxes as the landlord adds the expenses + income to determine the bottom amount of the rent required. . We are about 2/3 through the mortgages we have refinanced when rates dropped sufficiently a decade or so ago. The rentals are all within a mile of the college, with county paths so they can walk , bike, even skatboard, etc.. Parking is a big problems so the college limits their lots and the streets are full. The HOAs thankfully are tightly managed so people are careful to avoid fines. Before the Corona, I would receive 1-3 calls inquiring about a possible purchase, a week. Not a single one since. and the local paper says repossessions are increasing. Since I am in cash rather than metals or stocks , it might be a buying opportunity, but we will see. Jim[/QUOTE]
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