Beautiful, but too cold for my old bones.
0
Buying A House And Tax Breaks
Started by
MorningStar
, May 13 2012 07:09 AM
85 replies to this topic
#81
thesometimesaint
-
- Contributor
-
- 28,865 posts
Rules Universe
Posted 08 June 2012 - 03:04 AM
Duncan:
Beautiful, but too cold for my old bones.
Beautiful, but too cold for my old bones.
#82
Duncan
-
- Contributor
-
- 5,654 posts
Canadian Jester and Knowledge Navigator
Posted 08 June 2012 - 07:34 AM
thesometimesaint, on 08 June 2012 - 03:04 AM, said:
Duncan:
Beautiful, but too cold for my old bones.
Beautiful, but too cold for my old bones.
haw haw haw! It's how today!! although it looks like it's going to rain!
“I know that God lives. I know that Jesus lives; for I have seen Him. I know that this is the Church of God, and that it is founded on Jesus Christ, our Redeemer. I testify to you of these things as one that knows—as one of the Apostles of the Lord Jesus Christ that can bear witness to you today in the presence of the Lord that He lives and that He will live, and will come to reign on the earth, to sway an undisputed sceptre”.
President George Q. Cannon
(Oct. 6, 1896, DW 53:610)
President George Q. Cannon
(Oct. 6, 1896, DW 53:610)
#83
MorningStar
-
- Contributor
-
- 15,324 posts
UMW ..... UMB if you're nasty!
Posted 08 June 2012 - 05:14 PM
Duncan, on 07 June 2012 - 08:03 PM, said:
You should move to where I live in Canada. My Sister and Hubbie have a house that is 4 bedroom and about 200 K and it's in a very respectable area. We need more members here!!!!
So all I would have to do is become Canadian and find my husband a job?
A new commandment I give unto you, That ye love one another; as I have loved you, that ye also love one another. ~ John 13:34
#84
Duncan
-
- Contributor
-
- 5,654 posts
Canadian Jester and Knowledge Navigator
Posted 08 June 2012 - 10:23 PM
MorningStar, on 08 June 2012 - 05:14 PM, said:
So all I would have to do is become Canadian and find my husband a job?
yah! free healthcare! William Shatner, plus we have cookies, like really good ones too
“I know that God lives. I know that Jesus lives; for I have seen Him. I know that this is the Church of God, and that it is founded on Jesus Christ, our Redeemer. I testify to you of these things as one that knows—as one of the Apostles of the Lord Jesus Christ that can bear witness to you today in the presence of the Lord that He lives and that He will live, and will come to reign on the earth, to sway an undisputed sceptre”.
President George Q. Cannon
(Oct. 6, 1896, DW 53:610)
President George Q. Cannon
(Oct. 6, 1896, DW 53:610)
#85
cinepro
-
- Contributor
-
- 12,534 posts
It's pronounced "cinepro"
Posted 09 June 2012 - 09:46 AM
This recent podcast made me thing of this thread:
Why Does the Mortgage-Interest Tax Deduction Still Exist?
Why Does the Mortgage-Interest Tax Deduction Still Exist?
Quote
It's a view that's supported by a mountain of academic research: The mortgage-interest tax deduction benefits the rich more than the poor, has little effect on home ownership and isn't even really a bargain for homeowners because it raises home prices.
Edited by cinepro, 09 June 2012 - 09:47 AM.
The LDS Stake Medium Council Blog
In spite of the world's arguments against the historicity of the Flood, and despite the supposed lack of geologic evidence, we Latter-day Saints believe that Noah was an actual man, a prophet of God, who preached repentance and raised a voice of warning, built an ark, gathered his family and a host of animals onto the ark, and floated safely away as waters covered the entire earth. We are assured that these events actually occurred by the multiple testimonies of God's prophets.
The Flood and the Tower of Babel, by Donald W. Parry, assistant professor of Hebrew at BYU, Ensign, Jan 1998, 35
In spite of the world's arguments against the historicity of the Flood, and despite the supposed lack of geologic evidence, we Latter-day Saints believe that Noah was an actual man, a prophet of God, who preached repentance and raised a voice of warning, built an ark, gathered his family and a host of animals onto the ark, and floated safely away as waters covered the entire earth. We are assured that these events actually occurred by the multiple testimonies of God's prophets.
The Flood and the Tower of Babel, by Donald W. Parry, assistant professor of Hebrew at BYU, Ensign, Jan 1998, 35
#86
ERayR
-
- Contributor
-
- 9,569 posts
Stranger in a Strange Land
Posted 09 June 2012 - 10:10 AM
cinepro, on 09 June 2012 - 09:46 AM, said:
This recent podcast made me thing of this thread:
Why Does the Mortgage-Interest Tax Deduction Still Exist?
Why Does the Mortgage-Interest Tax Deduction Still Exist?
I agree, in principle, with this article. In fact somewhere back in this thread I think I outlined the mechanics of the home loan interest deduction. The deduction only actually amounts to the amount of interest paid less the standard deduction times the tax rate for the taxpayers tax bracket. Given that the more spent in interest and the higher the taxpayers tax bracket the more the savings.
I always advise my clients to never buy a house for the tax breaks. Maintenance and upkeep cost can easily eat up any tax breaks. I tell them that if they want to buy a house there are plenty of reasons to buy but one of them is not tax breaks.
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users
