The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patricia who wrote (1992)	2/28/2002 12:07:12 PM
From: John Chen	Read Replies (1) of 306849

Patricia,re:"$18,935.77 which can be deducted from your taxes.". Assuming this is for a family of 4 and in bracket of 35%. standard deduction is $15200 Tax advantage is: (18935.77 - 15200) * .35 = $1308/year Is this calculation of "TAX ADVANTAGE" correct? $60000 in 30yr bonds: $60000 * 5.3% * (65%) = $2067/year after tax. Lost income $2067/year. There is better reason to buy a house than 'tax advantage'.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next