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Financial Planning / Tax Strategies


Subject:  Re: Can I carry over char. donations? Date:  4/21/2004  9:38 AM
Author:  Jeanwa Number:  71554 of 127638

>>>>>>>>There are a couple of other things I can play with - no harm in making the January mortgage payment a few days early to put 13 interest payments in one year, right?

>>>>>Yep, and don't forget real estate taxes - another thing you can pay a few months early for the deduction in one year vs. another.

Hmmmmm, the "extra" payment shouldn't have interest, it should go totally to principle!! The interest in on the balance fact an extra payment would lower the interest payable for the next month.


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