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Posted by: Ray from cache-rtc-aa08.proxy.aol.com on May 23, 2006 at 22:55:49

Subject: Holding Mortgage

I have a two family,paid off, in Jersey City, renting for 975.00 & 850.00. I'd like to sell but trying to decide if I should hold mortgage or sell outright. Can someone knowledgable with real estate and/or tax law enlighten me on benefits/pitfalls of such a transaction? Thank You



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