03-20-2016, 04:47 AM
Filliam H. Muffman wrote:
It's a great feeling, but it used to be the single best deduction you could have. I would refi the house with a single short loan to pay off all the other loans.
Pay $12,000 a year for a $3000 deduction?
Seriously, I read people whining about losing their penny-ante tax deduction by NOT PAYING THOUSANDS OF DOLLARS A MONTH ON A MORTGAGE, and I honestly wonder; do some of these people have the ability to add and subtract at a third grade level???
DinerDave;
Congrats! And good luck on getting the rest of the way out of debt, and putting that money you're no longer paying every month into your own bank account!