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Old 05-08-2014, 09:31 AM   #23907
theinfamousj
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Quote:
Originally Posted by speakingtohe View Post
And mortgage payments are tax deductible?
Only the interest on your mortgage loan. I got a mortgage loan with such a low interest rate (good for me each month) that I don't pay enough interest for it to be a useful deduction (bad for me come tax time). Standard deduction is still the larger number.
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