Quote:
|
Originally Posted by Lord Nelson
Don't worry kid, you'll catch up. You probably think $1 in mortgage payments = $1 in tax deduction.
|
Well .. I don't know where you get your information. i own a house in Seattle outright, and I own one in Los Angeles. The home in LA gets me the tax dedutions that lower my taxes down to nearly nothing. owning your hoe out right does no have ANY tax advantage. Plus the money is not working for you. Why sit on all that money when you acn invest and make more?
