Taxes Or Mortgage More Important To Pay
Q: I own an 4-plex that has had 2 long term vacancies recently. I am now faced with either paying the mortgage payment or the property taxes. Which one is more important to pay?
A: Although taxes are very important to ‘take care of’ – it is more important to pay your mortgage. The mortgage has quicker penalties & problems (credit wise) if that is not paid in the time-frame (due date).
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