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Overextending ourselves on our first home?
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Banty
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Overextending ourselves on our first home?
In article .com,
says...
Deals are made based on tax considerations of one kind or another all
the time, so I see nothing wrong with taking that into account. And
of all the tax deductions, one of the ones least likely to change is
the deductibility of home mortgage interest and taxes. Any attempt
to do that would be pure political suicide.
I think it's kinda dumb not to take the tax deductions into account, as the
market has pretty much long factored it in to housing prices. Not to factor it
in would be inordinately conservative.
Banty
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