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Real Estate
Reply to "Leaving area with no plans to return -- sell or rent house?"
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[quote=Anonymous]Since you are already in the investment property business, you are clear on what the means. The real financial question is what is the cost of capital for getting a mortgage at your new location and what are the invesment returns with assumptions. So - after property mgmt fee, you think you are netting $500 a month (6K a year) If you had 50K that you needed to pay capital gains on, you would recap this in less than 3 years. [/quote]
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