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128
Peter P
2005 Jul 26, 9:23am
Peter P
2005 Jul 26, 9:23am
On the good side (if there is one), property taxes are 100 per cent tax deductable (at least in California) just like mortgage interest.
One important difference: property tax is not deductible under AMT, which is hitting more and more people every year.
(Not tax advice)
129
Peter P
2005 Jul 26, 9:47am
Peter P
2005 Jul 26, 9:47am
Jack, in "Threaded Discussion" or before, I was just "P". I changed my name to avoid confusion. :)
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How will the housing bubble bust unfold? Will it be triggered by rising short-term interest rate? Will the market fall on its own weight? How will one event led to another? What are the signs? How will people react?
The answers to these questions would allow us to closely monitor the progress of the coming crash.
#housing