For some people, cash flow is the cake, appreciation is the icing.

Also, if you're looking for time to spend with your family... maybe have it be an activity you do together, and make it fun (if you have kids) and get pizza or ice cream every time or every other time for something to look forward to.

I live and work out here full-time and play ice hockey in my spare time.

I look at it more as icing on the cake when the time comes for me to divest. 

If the deal makes sense, the tax benefits are just icing on top.

I think people look at real estate the wrong way and want the loss to offset their W-2 income.The first and most benefit goal with real estate is that your cash flow and appreciation is not taxed.if you are making 8% from cash-flow and appreciation and it is not taxed, imagine how quickly your wealth can grow.If you can offset the rental loss with your income income, that is just icing on the cake.

It's supposed to be the icing on the cake, not the cake.

As a realtor who just read everything you and everybody else had to say; my suggestion is that you list the tax exempt home at a price slightly above market value.I say this because though the money would be nice to take some pressure off, it seems like making a little more money in a hopefully & currently less competitive neighborhood would be the icing on the cake to make it all worth the considerations.

Ice cream melts.

I live in southern maine and Im just about ready to break the ice with a first purchase.