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Your Next Project Starts with Brownstoner
Speaking of mortgages, the rate on 30 Year loans has fallen to 4.17%
ishtar, are you sure you’re not Asian? you share our financial conservatism
ishtar, because you would do a cash flow analysis when buying of what can afford. If tax bill goes down because of purchase that has to be factored in.
Thanks for the story, rob. I’m going to check it out, although I can’t do much.
“ishtar, if you’re making the rent vs. buy decision, I can’t see why you wouldn’t consider the deduction. Tax analysis should be part of every big financial decision. So, if the deduction isn’t there any more, it changes the game.”
I don’t see why you would consider the tax deduction if you are buying based on what you earn.
There was a Brooklyn H.S. band last year in the same position. They got similar coverage & collected enough to go & then the deposit they’d made was stolen. Don’t know if they ever got there.
When I worked in movies in London, my name was next after Dino DiLaurentis in people’s phone books.
I thought that panel said total elimination of mort. interest deduction?
Thanks for posting that Rob. I agree, and would like to contribute something but could only do so by credit card from here in time. Presume they’re not set up to do that but I may e-mail anyway just to check.
Obama agreed to extending the Bush tax cuts…for everyone.