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From: brahms@spp5.UUCP (Bradley S. Brahms)
Newsgroups: net.taxes
Subject: Re:  Buying vs renting
Message-ID: <341@spp5.UUCP>
Date: Mon, 13-Oct-86 00:55:15 EDT
Article-I.D.: spp5.341
Posted: Mon Oct 13 00:55:15 1986
Date-Received: Tue, 14-Oct-86 06:20:38 EDT
References: <3922@amdahl.UUCP>
Reply-To: brahms@spp5.UUCP (Bradley S. Brahms)
Organization: TRW, Redondo Beach  CA
Lines: 22
Keywords: Lies, damn lies, and statistics


[}{]
Lets talk about one more option.  At the beginning of the year, my wife
and I moved into our first house.  During most of the previous year, with
the help of my father, we were looking for an apartment building to buy.
Why?  Because if you look for the right deal, owning an apartment building
would have been the best investment we could have made.  However, we
decided, in the end, that we did not want to bring our childern up in an
apratment.  So, we ended up with a house where we are renting out a pool
the pool house.  At the end of the year, after taxes are figured in, the
house will prove to be much, much better for us then renting, but still
not as good as owning an apartment building.

Of course, none of this takes into account the new tax system, but I still
feel that with the right deal......

			-- Brad Brahms
			   usenet: {decvax,ucbvax,ihnp4}!trwrb!trwspp!brahms
			   arpa:   Brahms@usc-eclc

The opinions expressed above are my own, and may not reflect those
of my employer.