The loan was at 380k, punching that into a calc and looking at amortization shows that throughout the life of the loan we would have spent 275k on interest alone to get an extra ~4500/year back on the taxes... it seemed like that small return was outweighed by 1. not having an 2000/mo payment, 2. not paying the extra 275k in interest 3. peace of mind of not ever having to worry about having a roof over our heads.So, I know you are probably going to look at this and tell me that I sound contradictory or it doesn't make sense to want tax write offs but then give up the best/easiest tax write off available to "most" people.

My mortgage broker said that it can't be financed with a trailer on it (this confuses me as the extra 200 bucks is more money for the mortgage payments).

If I could live where I want and still get some extra investment revenue that is AWESOME.

We've found it really tough to get satisfactory touch up results with a contract painter though, so we've added a painter to our payroll.

Oh, and landlords hate it because it takes extra effort to get the tobacco tar out of the walls too.

But good for you for adding real estate in!

Don't leave it open to, "we will catch up when we have extra money".

As far as building and extra unit in the back.

List in your Ad "No Agents No Agent Fees Paid" 

Hey, I got 30+ comments and 10 or so direct messages of interest in my first apartment, an owner occupied duplex. On one hand, the unit is coming off being occupied by smokers, so its not a taj mahal, on the other han...