Quote:
Originally Posted by zx10guy
I haven't run the numbers as to if I'm losing money by holding on to second home with the loss of the deduction. I suspect I'm at least breaking even. I bought before the last boom in housing and got in at a low interest rate; 3.25% 30 years fixed in 2012. With the down payment I put in, my monthly payments are just over $1000 all in.
But what I can't put a price/value on is how this house has been my get away sanctuary with all the chaos that's been occurring in my life over the past couple of years.
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Yes, there is value in that beyond financial. I have been able to avoid the DC area for much of the pandemic, which has been a relief.