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Old 10-18-2012, 10:02 AM
BobK BobK is offline
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Join Date: Nov 2001
Location: North Central Kentucky
Posts: 1,069
Your age would be a big factor in this calculation. If you will get your money back in a few years before inflation can eat the value, could be a wise move. Gonna hurt for a year though. Then you have to figure paying the loan all year plus making quarterly payments to IRS so you don't owe a boat load next year. It's your cash flow. And your banker ain't too bright if he has never heard of such a thing.
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