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anyone here have any creative ideas for reducing my tax burden without buying a house/condo?

<p>thanks vicstah. i will probably wait and see what happens. in the meantime i'll continue to save up and educate myself more. i'll be sure to read irvine renter's articles and continue to ask questions/read here. i'm really glad i found this message board! </p> <p>now, anybody own a...

<p>thanks calgal. duly noted...</p> <p>i will continue to watch the market and if this deal is still here in a few months, i will consider it again. here's another newbie question... with forclosures (and/or short-sales), do banks require most of the cash up-front?</p>

<p>Roo,</p> <p>My estimated savings in Federal taxes will be over $12k per year. I haven't calculated the exact amount of savings in CA taxes, but I'm hoping the value won't depreciate far below my combined savings. Am I being too optimistic thinking this condo won't devalue at $12k a year...

<p>Hi everyone, I'm a long time Irvine resident and have been looking to buy my first home for over 6 months. The market has been going down steadily since july/august and with the prediction that the Fed won't reduce rates at the end of October, I've been seriously considering a new...