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seatclearedhot

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seatclearedhot last won the day on May 30 2013

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  1. This is basically correct. Your best bet would be to contact whoever the PFT manager (a pilot) at Luke or Holloman to get your answer, as they are the ones that ultimately name the classes. Some other examples of the middle letter: B=B-course, 1=TX track 1, 2=TX track 2, 3=Tx track 3, I=IPUG track 1, J=IPUG track 2 or 3, and there are some more letters that they use for senior officer and thunderbird courses that I can't remember. The last letter is always H for Holloman. For Luke, they use G for the Block 42 squadrons, and I think C for the Block 25 squadrons.
  2. I'm still wondering why the speedbrakes aren't deployed.
  3. What mistake? It was done in jest. His only mistake is that he misjudged how many people have an inop sarcasm detector.
  4. Your example assumes that monthly rent = monthly mortgage, when in many cases, rent will be lower. But even if they were equal, and you are putting $300/mo to equity in your example (10k over 3 years), you still need to overcome the loss your are taking with closing fees and the 6% you will have to pay when you sell. Maintenance costs of owning a home are also higher than rent, sometimes considerably. And what if, when you move, you aren't able to sell your home right away? For each month your house is on the market after you leave, you are wasting $900/mo. You will never see that $900/mo again. If you decide to keep your house and rent it out, don't forget, you don't get to just bag that $1000/mo in rent you receive. You'll have to pay about 10% to a property manager since you'll be gone, maintenance fees, your property tax on your house will likely increase since it is now an income property, and you will have to pay income tax on the rent you receive. You'll be taxed at your highest bracket, probably 25%-30% for most people here, since it's all additional income. And don't forget, your rental property won't always be occupied. There will be times when it'll be vacant, and you'll be soaking up the entire costs. Bottom line is, will you have more money in the long run if you buy or rent? It depends on how long that run is. For most military people who move every 3 years, you are better off renting in most cases. But, if you have a family, sometimes buying a house is a necessity, for the extra square footage/garage/yard for the kids, etc.
  5. Don't buy a house for investment purposes. People always mention they don't want to throw money away paying rent. But just the same, on a $200k mortgage, you are paying at least $900 per month initially towards interest, insurance, and property tax (plus maintenance costs); money you will never see again (like rent). In addition, the day you buy, you are immediately in the hole the amount you paid in closing costs plus another 6% for realtor fees when you decide to sell (ie, if you sold your $200k house the day after you bought it, you'd be almost $20k worse off). And finally, long term appreciation of real estate is around 4% per year. There are better investments out there.
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