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Old 03-04-2011, 02:28 PM   #15
lawn psycho
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Quote:
Originally Posted by 4Fun View Post
I guess I don't get the economics of buying? At $50K that's 20 years worth of renting without considering the interest paid.

What are the taxes on a slip worth $50K?
Plus you have to pay annual dues or charge enough rent to cover them. If they decide to pave or a major amenity upgrade and do a one time assessment you're on the hook for that too.
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