tag:blogger.com,1999:blog-1695315798197705184.post1802509729562784984..comments2023-05-23T04:39:56.964-07:00Comments on Blue Move: Renting Makes Sense in the High EndMr. Bluehttp://www.blogger.com/profile/14953915261939245205noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1695315798197705184.post-81151555840026324662010-08-26T04:40:28.513-07:002010-08-26T04:40:28.513-07:00Good. Post your facts and assumptions, then we can...Good. Post your facts and assumptions, then we can both run the numbers...<br /><br />My assumptions are the individual is in the hghest tax bracket ( 4K rent would assume that). Also assume that mortgage is 5%. Property taxes and Mortgage interest is 100% deductible. I also assume dividend interest will be the same as income tax next year given the Bush tax cuts are gone. Oh yea, where are you getting 3% no-risk? I would like to know.<br />Those are my assumptions, what are yours?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1695315798197705184.post-37259498883156739532010-08-24T22:22:43.494-07:002010-08-24T22:22:43.494-07:00Uhhh. It is an after tax calculation. Sorry to di...Uhhh. It is an after tax calculation. Sorry to disappoint, but i did adjust the dividend income down to account for taxes. I included the mortgage tax deduction in my calculations. I will post a more in depth analysis soon. Feel free to post some facts of your own - I'm waiting.Mr. Bluehttps://www.blogger.com/profile/14953915261939245205noreply@blogger.comtag:blogger.com,1999:blog-1695315798197705184.post-7781373296267190902010-08-23T02:59:43.936-07:002010-08-23T02:59:43.936-07:00I think you should do the analysis on the after-ta...I think you should do the analysis on the after-tax basis. You will be suprised about the lack of savings...Do not forget the mortgage deduction on the first mil, oh, write-off the property tax, and maybe a little home office......Your 3% "dividend income" will be taxed high next year.....i think your numbers do not account for all the "FACTS". But then again, thats your MO.<br /><br />Your 50K loss a month can easily be a 50K gain per month. Good luck matching that with your <1% interest CD.Anonymousnoreply@blogger.com