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Old 03-17-2005, 06:58 PM
DavidC DavidC is offline
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Join Date: Aug 2004
Location: Ontario, Canada
Posts: 292
Default Re: A real financial puzzle -- help

Admo, AdamL should have stated that we're Canadian, and thus, I don't believe that we get tax benefits from the interest paid on our mortgage, unless we're using the home for a home-business / home office.

There also might be a fee for closing the mortgage / selling the house or whatnot. I'm not sure the exact details, as I'm a 23 year old kid who's never owned a house, but you would have to evaluate these exact costs to figure out what your +/- EV was for all this. [img]/images/graemlins/smile.gif[/img]
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