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C4M · 02-25-2005, 06:04 PM

Quote: Originally Posted by R32 JUhl

Very true! And every dollar of your "expenses" you can tie to mortgage interest is money you don't have to pay taxes on. If someone else is making the mortgage payments, it gets even better!!!

While that might be true in the US, mortgage interest is not deductible here in Australia. I wish it was (although I also know that if it was, then they'd just take the money off me somewhere else).

C!

02-25-2005, 06:04 PM	#26
C4M Maximum Bitrate Join Date: Apr 2002 Location: Sydney, Australia Vehicle: 2003 Subaru Impreza Posts: 823 My Photos: ()	Quote: Originally Posted by R32 JUhl Very true! And every dollar of your "expenses" you can tie to mortgage interest is money you don't have to pay taxes on. If someone else is making the mortgage payments, it gets even better!!! While that might be true in the US, mortgage interest is not deductible here in Australia. I wish it was (although I also know that if it was, then they'd just take the money off me somewhere else). C! __________________ http://carpc.riposte.net I reserve all rights in connection to each post I author, without exception.