You bought a house with a 30-year mortgage with loan size $500,000 and interest rate 6%. Assuming the total transaction
Posted: Wed May 18, 2022 11:23 pm
You bought a house with a 30-year mortgage with loan size
$500,000 and interest rate 6%. Assuming the total transaction cost
is $4,000 and your marginal income tax rate is 30%. What is your
tax deduction for the first 2 months?
99.25
2,997.75
2,987.75
4,997.51
$500,000 and interest rate 6%. Assuming the total transaction cost
is $4,000 and your marginal income tax rate is 30%. What is your
tax deduction for the first 2 months?
99.25
2,997.75
2,987.75
4,997.51