http://www.thefinancialblogger.com/is-your-mortgage-a-bad-debt/ This is where your finance takes place Wed, 19 Nov 2008 17:30:19 +0000 http://wordpress.org/?v=abc http://www.thefinancialblogger.com/is-your-mortgage-a-bad-debt/#comment-77 Mikael Wed, 30 May 2007 23:57:56 +0000 http://www.thefinancialblogger.com/?p=61#comment-77 Hi Four Pillars, It is an interesting way of seeing things. However, the property doesn't produce cash flow, only "virtual income". FB. Hi Four Pillars,
It is an interesting way of seeing things. However, the property doesn’t produce cash flow, only “virtual income”.
FB.

]]> http://www.thefinancialblogger.com/is-your-mortgage-a-bad-debt/#comment-76 FourPillars Wed, 30 May 2007 16:15:38 +0000 http://www.thefinancialblogger.com/?p=61#comment-76 The property attached to your mortgage does produce revenue...it's the money you would be otherwise paying in rent. If it would cost $1500/month to rent your house then that is tax-free income for the homeowner. The property attached to your mortgage does produce revenue…it’s the money you would be otherwise paying in rent. If it would cost $1500/month to rent your house then that is tax-free income for the homeowner.

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