SI
SI
discoversearch

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ilaine who wrote (84678)12/16/2011 11:42:49 PM
From: Cogito Ergo Sum2 Recommendations  Read Replies (3) of 217570
 
But if you own, rather than rent, you can deduct the property tax from your income tax.

Geez how many tax deductions do you guys get ? I thought we were the commies up here LOL

We have 30 year mortgages too but 25 is standard and the interest rate is typically guaranteed up to seven years only although in this interest rate environment variable rate is very common ... And you likely know we cannot deduct mortgage interest either.. Amazing our housing market is so much more stable eh ? Maybe it should be tougher to buy a home in the US ? Something tothink about... Often we pay our homes off a lot faster than the amortisation period... as fast as 15 years with various options... so what we miss on easy tax deductions we save in interest...

Blackie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext