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Updated almost 16 years ago,
another 50% rule question
I've watched the 50% rule being discussed here many, many times, but I haven't seen my particular question answered.My investment property taxes and insurance vary wildly from one property to another. $30.00-$250.00Mo. for ins. and $50.00-$300.00 for taxes.What is the price point for insurance and taxes that the rule is based on.Obviously I need to calculate a lower percentage for expenses if T&I is only $80.00mo. and a higher percentage if T&I is $550.00mo. Jim :roll: