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Originally Posted by Atticus
For the people who brag about paying off a mortgage in record time. As long as you have a decent to good rate, a mortgage is considered good debt.
You're borrowing money, but you're getting a tax advantage and can write off the interest. Since its an asset that's appreciating over time. Much better off to use the funds you are paying off the mortgage with on other investments.
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Guys making what Shap does, do not get to deduct their mtge interest. The equation then becomes can you make more on the money after tax then the mtge rate. Harder to do.