[irishjuggler]

When you convert your house asset into, say, a CD, your taxes go up because you pay income tax on the interest but didn’t on the house.

True, but you paid property tax on the house, right?

[ex-snook]

“When you convert your house asset into, say, a CD, your taxes go up because you pay income tax on the interest but didn’t on the house.”

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True, but you paid property tax on the house, right?

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True but the property is still taxed, the rent includes the tax, and the landlord gets the deduction. bummer.