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Nesgroup address: misc.invest.real-estate - Date & Time for the message: / Author of the message: "Muffin" |
Title of the message: |
Re: Capital Gains Tax -- How Big a Factor?
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Text of the message: |
> >> Should I wait two years to sell? > > Heck no. Real estate prices could fall dramatically in 2 years. It's > better to make $20K and pay $6K in taxes now than risk a loss in 2 > years. > Thanks. Maybe you can help with another question. If I only have 5% for a down payment, is it worth it to get a two mortgage 80-15-5 deal to avoid PMI. The rate of the second mortgage is 7.4%, which is high. Do I really save? How much is PMI? Muffin . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.