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To: rbg81
You can buy a house in the DC suburbs for $250,000 to $350,000 ~ and rent it out for $2000 to $2700 per month.

That would enable you to pay off the mortgage before you'd exhausted the depreciation.

27 posted on 05/14/2012 4:18:58 AM PDT by muawiyah
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To: muawiyah

I sold my NoVA house in 2006 when the market was at its peak. Prices have about halved since then. According to my old neighbor, the guy who bought my house would like a word (or more) with me. But, hey, no one put a gun to his head. That’s what homes were selling for at the time.


34 posted on 05/14/2012 7:43:27 AM PDT by rbg81
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