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Reply to "$2M home w/ $160k HHI?"
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[quote=Anonymous]Absolutely you can do this -- just make sure it is a smaller house. We just traded a $1.4 million 4500 square foot house on an acre in MD for a $1.4 million 1900 square foot house on a small lot in a lower tax state and the difference in maintenance costs and property taxes is substantial. The smaller house also has more appreciation potential. If in DC, I'd look at NW DC, or Arlington. [/quote]
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