This is me - April 2006 - in front of my new house - construction completed and purchased Jan. 31, 2006.  Now I’m “underwater” by approx. 50 percent; my market value to basis is approx. 33 percent.

This is me - April 2006 - in front of my new house - construction completed and purchased Jan. 31, 2006.  Now I’m “underwater” by approx. 50 percent; my market value to basis is approx. 33 percent.