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post #14 of Old 03-15-2008
artbyjody
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You may also want to consider renting out the house and hiring a management company to oversee it as a rental. More tax breaks, monthly income, and considering the housing market - it is more of a renters market right now. That'll allow you the ability to finance a new boat and if it doesn't work out the way you intended, less overall loss in the long run....just another way to look at the problem - but I would highly doubt someone would jump at that kind of trade, as it would be perceived as risky to begin with.

-- Jody

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