<quote> although I've been told that tax-wise, it's in my best interest to have a mortgage (as opposed to outright owning a home). </quote>
I have never understood that. Yes, you get to deduct your interest from your taxes, but you paid that money to a bank and/or mortgage company in the first place. So, you are only getting money back that you paid to someone else, sounds like a zero gain to me! To me, not having any house payments means more money in your pocket, even if you pay more of your income to Uncle Sam. But maybe somebody more fiscially sophisticated then I, can explain how this works in my favor. -------------- Ian Skinner Web Programmer BloodSource www.BloodSource.org Sacramento, CA "C code. C code run. Run code run. Please!" - Cynthia Dunning Confidentiality Notice: This message including any attachments is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender and delete any copies of this message. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how to get a fax number that sends and receives faxes using your current email address http://www.houseoffusion.com/banners/view.cfm?bannerid=64 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:143757 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
