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Which real estate debt would you pay down first?
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Douglas
Posted 4/21/2021 14:31 (#8965398 - in reply to #8965275)
Subject: RE: Which real estate debt would you pay down first?


Central North Carolina

The answer is always the same. run the numbers. The relevant numbers are the after tax cost. Compare the after tax interest cost of deductible interest vs. nondeductible pretax interest like farm or car if you have any and certainly any consumer debt. If it is all the same them the highest rate payoff first. 



Edited by Douglas 4/21/2021 14:33
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