The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Is it worth it? Date:  12/31/2011  7:38 PM
Author:  ferjen Number:  114488 of 131086

In addition to the mortgage interest, you may have property tax to pay. That is deductable too (at least if you live in the house; I no longer remember the details because my mortgage has been paid of for a while now).

I also, unfortunately have PMI, which I've heard is deductible but have not verified yet.

To everyone else, I did think about splitting the tax out for each receipt in MoneyDance. I'll try it, but it requires me to be very proactive. :-)
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us