Henry Ford once said, "Failure is only the opportunity to begin again, only this time more wisely."

5.5 is still a decent rate. i think you are wise to not refi at this time. not worth the costs.

Choose your partners wisely.

I love how I will always have to be aware of whats going on around me, not only competition wise, but economically and environmentally as well.

Tax wise, though, you have to consider thisNet operating income: $9000/yearInterest payments: $1150/yearDepreciation: $872/yearTaxable income: $7002In this case, the low property value makes for little deprecation.

I think you made a wise and informed decision Bob.

that is the very reason it is wise to work property management into your numbers when purchasing a piece of rental property.

You are wise to keep things close to the vest

It is wise to include in the compromis de vente to define the period within which the notarial deed in which the contract is officially set to be signed, otherwise the procurement process unnecessarily long.

If nothing much has changed from last year, income wise, look at last year's AGI, look up the tax tables and see what your marginal rate is.