Quote:
Originally Posted by 101lifts2
Not really....If you bought high...then did what was stated above...then short sold, you lost nothing. Then you go out and buy something 72% less than what you paid originally. Cost was cheaper with the tax writeoff then to rent.
Again...FTW.  |
How are you losing nothing? You paid closing costs on each home.
And BTW what if the market was on an upswing? Not only did you not build any equity, but the next home would be more expensive.