4 ms·
My mortgage payment would be redirected into other investments. I would take an additional ~1900/mo going into that than a tax deduction any day
by jotato 10y ago
My mortgage payment would be redirected into other investments. I would take an additional ~1900/mo going into that than a tax deduction any day
- mars4rp 10y agoyou can invest your whole money and easily get an %5 return ( more than your interest rate) on that. and invest that money instead and you will get the tax benefit of the deduction as well. double dipping ;)
- jotato 10y agoWith much more risk. Don't forget to take that into account
- mars4rp 10y agoif the end goal is investing anyway the risk should be the same, your house is not completely risk free investments considering the crashes. and getting %5 out of rental is not that risky! not much more than your home.
- jotato 10y agoI think we just have different opinions on risk and investing