cash versus credit

[wilbur]

i have an investment that will beunder contract for 20 years...the investment is 100000 and it will pay 14000 per year in return if i borrow this money will i be able to write off the interest on the loan andif iwere to pay cash for this investment would ibe paying taxes on teh 14000 ..taht would lseem like i was paying taxes on the 100000 cash that i have actually paid taxes on when making it the first time

i guess i am asking ...borrow or not?
thanks for any feed back

[peter2010]

I would say borrow will be the good choice.

[Nicholas_B]

Hi Wilbur,

Seem like you have a real dilemma here, my first point of advice would be to contact a financial advisor to let you know the best option for you, and give you sound advise instead of forums. I am no specialist but I would consider maybe borrowing, but u need to take into account interest rate ect, if they move up could it be problematic? Again this is why you should consult a specialist.