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WHY YOU
SHOULD BUY
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What you are giving your landlord by
renting!
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RENT
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1st year
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3rd year
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6th year
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12th year
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30th year
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$700.00
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$8,400.00
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$25,200.00
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$50,400.00
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$100,800.00
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$252,000.00
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$900.00
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$10,800.00
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$32,400.00
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$64,800.00
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$129,600.00
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$324,000.00
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$1,100.00
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$13,200.00
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$39,600.00
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$79,200.00
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$158,400.00
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$396,000.00
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$1,300.00
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$15,600.00
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$46,800.00
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$93,600.00
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$187,200.00
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$468,000.00
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$1,500.00
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$18,000.00
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$54,000.00
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$108,000.00
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$216,000.00
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$540,000.00
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If your property value only increases
by 5% a year, your net worth could grow to :
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PROPERTY
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5%
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5%
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5%
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5%
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5%
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VALUE
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YEAR 1
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YEAR 3
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YEAR 6
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YEAR 12
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YEAR 30
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$100,000.00
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$5,000.00
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$15,000.00
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$30,000.00
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$60,000.00
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$150,000.00
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$150,000.00
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$7,500.00
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$22,500.00
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$45,000.00
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$90,000.00
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$225,000.00
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$200,000.00
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$10,000.00
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$30,000.00
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$60,000.00
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$120,000.00
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$300,000.00
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$250,000.00
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$12,500.00
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$37,500.00
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$75,000.00
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$150,000.00
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$375,000.00
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$300,000.00
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$15,000.00
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$45,000.00
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$90,000.00
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$180,000.00
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$450,000.00
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If you are in the 27% tax bracket, and
assuming your yearly mortage interest is $10,000, you could save
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$2,700 in taxable income.
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TOTAL
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TAX BEFORE
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MORTGAGE
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NEW TAXABLE
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TAX AFTER
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YOU
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INCOME
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DEDUCTION*
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INTEREST
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INCOME
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DEDUCTION*
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SAVE
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$30,000.00
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$8,100.00
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-$10,000.00
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$20,000.00
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$5,400.00
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$2,700.00
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$40,000.00
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$10,800.00
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-$10,000.00
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$30,000.00
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$8,100.00
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$2,700.00
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$50,000.00
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$13,500.00
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-$10,000.00
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$40,000.00
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$10,800.00
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$2,700.00
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$100,000.00
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$27,000.00
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-$10,000.00
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$90,000.00
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$24,300.00
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$2,700.00
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*approximate
estimate
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So if you buy a house for $200,000 and
stop spending $900.00 a month in rent, after 30 years :
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you could save
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$324,000.00
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in rents
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your house could be worth
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$100,000.00
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more than what you paid for
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you could save
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$81,000.00
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in tax deductions
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if you sell, you will get
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$250,000.00
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in personal deduction
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