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To: RKBA Democrat
One more. If you really want to pay off the house there are investment methods where you can save and make enough to pay off the house and leave the basic investment funds intact.

Example, if I can borrow equity for 6% and I'm in a 25% tax bracket, the actual cost of the money is 4.5%. If I can make 6.5% tax free (universal indexed life). I will make money each year. If I can't sleep without paying down the house, I can use the gain to pay it off or not, as I choose.

Tax savings and redirection of current retirement investment counters the loan payment. If the loan is on a rental, future rent increases can help. Positive cash flow also.

35 posted on 02/16/2008 5:49:10 AM PST by purpleraine
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To: purpleraine
If I can make 6.5% tax free (universal indexed life)

Let me guess.

1. Your a insurance salesmen

2. Your a consumer who bought this product

3. Your filthy stinking rich and have run out of ideas on how to tax plan.

51 posted on 02/16/2008 6:30:35 AM PST by EVO X
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