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Politics : Politics for Pros- moderated

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To: John Carragher who wrote (101874)2/23/2005 5:46:08 PM
From: carranza2  Read Replies (1) of 793732
 
Why not let the money work for you in other investments and deduct the mortgage interest on tax returns.

Because there is risk in investments and little risk in real estate.

I spent way too much time trying to see if your statement is correct by using some a calculator which I link below. I realized two things: it's complex and I'm no good with numbers.

One thing I am good at, though, is in asking questions. I am not convinced that your statement is correct but admit that an apples to apples comparison is best left to the experts.

moneychimp.com

See also:

forbes.com
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