I just recently bought my first townhouse, using it as my primary residence. I'm going to rent out the two rooms upstairs, while taking the nearly-finished basement as my own room. After I get my taxes back from my first year's payments, I would like to buy another property so I can take advantage of the tax break on the mortgage interest for two properties. OR I can buy it, fix it up, and sell it again for a quick profit.
Any ideas? I don't want to be naive about these things.
2006-06-23
06:27:54
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10 answers
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asked by
Michelle's boyfriend
2
in
Renting & Real Estate