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/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> I like it........ /cgi-bin/YaBB.pl?num=1513554383 Message started by raydawg on 12/17/17 at 15:46:23 |
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Title: I like it........ Post by raydawg on 12/17/17 at 15:46:23 http://money.cnn.com/2017/12/17/real_estate/tax-bill-mortgage-property-tax-deductions/index.html You can read the link or not..... I think we need to stabilize home prices, if this is a start to stopping the pyramid scheme of trading up at the cost of removing the American Dream of home ownership, then I say great. Those numbers by the effected need to stop whining and think of the bigger picture instead of just their wealth. Anybody want to explain why I am wrong? |
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Title: Re: I like it........ Post by ruckus430 on 12/18/17 at 01:10:51 So these fhucks eliminated the deductions for home equity loans huh.... just took out a 200k loan to remodel a san francisco 2 story.... annnnnnnndddd fhuk you republicans yall cant do anything right |
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Title: Re: I like it........ Post by justin_o_guy2 on 12/18/17 at 06:30:35 How much would that itemized line save you? The basic deduction was doubled. The way home loans amortize is Frikken criminal. It's almost all interest in the first years. New loans are sure gonna hurt.. Thirty year? |
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Title: Re: I like it........ Post by Eegore on 12/18/17 at 08:07:14 I as well would be interested in the difference between the doubled standard deduction and the home equity/interest write-off. None of this applies to me anymore so I don't really know what the impact is. |
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Title: Re: I like it........ Post by justin_o_guy2 on 12/18/17 at 09:04:39 A proper analysis would be a big spreadsheet. The income. The amount of the mortgage. Interest rate Age of the loan/ amortization schedule. An accountant might want more. |
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Title: Re: I like it........ Post by raydawg on 12/18/17 at 09:24:39 253A3C3B2621102010283A367D4F0 wrote:
Absolutely..... What kind of loan is it, rates, points, etc. Payoff date, credit worthiness, all sorts of elements to consider. Its more fun to just beetch, however ;D Be grateful you can get a 200M loan and profit from it in the long run, maybe that is where your focus might bring you some joy. |
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Title: Re: I like it........ Post by justin_o_guy2 on 12/18/17 at 12:55:22 But I'm the ignorant knuckle dragging clod. |
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Title: Re: I like it........ Post by raydawg on 12/18/17 at 13:41:35 726D6B6C71764777477F6D612A180 wrote:
No, I just thinking it’s the results of your wife beating you, senseless ;D |
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Title: Re: I like it........ Post by justin_o_guy2 on 12/18/17 at 14:22:49 Shaddup, dude I'm trying to keep it a secret. |
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