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Old 02-05-2007, 09:42 PM
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cptacek cptacek is offline
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Default Re: Is Your Home An Asset or Debt Trap?

I own the house (well, I'm the one that has the mortgage. The bank still "owns" the house). She is paying rent to me (which comes out to about half the mortgage) and she is paying for half the utilities. I have the major upkeep to worry about, keeping the roof in good shape, the grass mowed, the filters clean, etc. But, I was going to live here by myself (and did live by myself for 5 years before moving here), so having a cool roommate and getting half the mortgage and half the utilities paid by her is great, I think.
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