Talk of The Villages Florida - View Single Post - House closing
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Old 05-26-2024, 07:35 PM
Villager1234 Villager1234 is offline
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Quote:
Originally Posted by jimbomaybe View Post
Taxes on the income, write off on mortgage interest, of course there are many things that only the future will reveal, home ownership has always been a reasonably good investment in the longer term, at least in the past
Yes I agree. I don’t think I have time for a long term investment. We aren’t going to live forever. If I purchase a house when I go any equity will probably be eaten up by my kids preparing the house for sale, the expenses while selling,real estate commission, legal fees, etc
If I keep it in CDs they just go to the bank and get their money ( I hope that they remember to call a funeral director to pick me up ☺️)