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[quote=Anonymous][quote=Anonymous][quote=Anonymous]"I make over 100k a year and easily live on about 30k a year while paying for a friend to go to school at a local community college(including his monthly rent.)" Do you not pay taxes? I made over 100K and paid 28K in federal tax, 10K in D.C. tax, and 50K to cover PTTI for a 2000 sq. ft. single family home. [/quote] Not to mention houses in Texas are way cheaper than the equivalent around here. [/quote] The housing tax in Texas is insanely expensive and no one every talks about that-granted if your in a small town and your house in only $150K then your tax is about $4500. But housing inside big cities (Houston, Dallas, Austin) is not as cheap as you think when you factor in 3% housing tax and 2K a year in insurance for windstorm/flood/etc. Granted it may be a little bigger and nicer than DC. Granted you can get something really nice and big for about 400K if you are willing to live in the suburbs but who wants a 90 minute commute with traffic. For example-these are close in housing with character for downtown (yearly taxes are 24K a year). [url]http://www.har.com/3016-morrison-street/sale_25987913[/url] [url]http://www.har.com/1123-w-21st-street/sale_30629741[/url] [/quote]
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