GOOD REASONS NOT  TO PAY CASH FOR A CONDO

      We entertain some interesting questions while people search for the perfect resort hideaway at the beaches of Panama City or South Walton. One of the "misconceptions" is "I will wait until I can pay cash for my investment". That is a noble thought, but it might not provide the best use of your capital for investment or tax shelter purposes.  Tax shelters are not criminal or only for the rich. If you file a short form and take a standard deduction....you got a tax shelter.

      So what is a better way to invest if you have enough to pay the full amount of a condo purchase and get a higher rate of return? "Leverage". I do not counsel on taxation and I am not an accountant, but I have found may