Re:Renting is Throwing Money Away, Right? (2015)
by pfarnsworth on Monday April 23, 2018 @01:34AM
(#16900752)
Property tax is deductible up to $10k.
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Re:Renting is Throwing Money Away, Right? (2015)
by phamilton on Monday April 23, 2018 @01:38AM
(#16900765)
eh... property tax AND state income tax.
Living in CA with near 10% marginal state income tax above $100k means that if you're buying a $1M home you're probably hitting the 10k without property tax.