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Subject:  Re: advice about renting vs owning Date:  8/1/2012  2:51 PM
Author:  pauleckler Number:  17769 of 20595

You know more about rent control than I do, but first consider that the land lord will be raising your rent and your rent money is totally an expense.

Your co-op probably has potential to rise in value especially if inflation becomes a problem (as implied by big govt deficits). But this is very much gazing into your crystal ball.

The gains you make on sale of your co-op are taxable at capital gains rates. Giving them additional incentives. Now or later? Will capital gains rates increase?

This looks almost like a coin toss decision. But putting some numbers on paper and thinking them through could make for an advantage one way or another, but much depends on future developments.
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