A Common Misconception

i came across this article today and actually was quite stunned to learn that our choice to buy in the city is actually *probably* lowering our taxes! without getting into discussion about personal views on taxes and government, i just want to point out that it seems, at least to me, that there is a common misconception out there that by living outside the district, in say VA or MD one would save on paying the tax man. well, ha!

image via DC Blockchopper

as for us over here, at VIB we are already day dreaming about that first time home buyers credit and mortgage interest write offs, which could go towards the dream kitchen, err wedding.