Enough that I do not need to broadcast. ;-)

LOL your a smart one!

LOL I have and your mis informed thanks for the reply though!

Hank....bet he is related to Steve....lol

Your implication of non sensical reminds me of all the other financials wanna be Gurus that stare into the stars when considering this. I do not want to "rent" I want to "sell" and I will hold the mortgage. Many years ago there were mortgages that were decreasing or increasing in the amortization schedule. One would pay off far more principal in the begining and less interest and then on a monthly basis they would gradually increase in the interest category and decrease in the principle. This way my tax implication is less while I am employed. Your referance to rental income is non relevant in this scenario. Be open minded "grass hopper" as I resolve this issue you perhaps may become enlightened.

I have a principle residence and a summer residence, I want to retire at 68 and want to sell my principle residence but hold the mortgage at a reasonable fixed rate. My summer residence will then become my permanent residence. Does anyone know if there would be any tax implications other than the income from interest? I would want to structure the mortgage on a decreasing amortization schedule whereby the principal would be paid off at a higher rate than the interest reducing the potentail tax implications.
Financial advisers look at me like a deer in the headlights. Does anyone know how this may play out?