Thread: [Old Bumped Thread] Supreme Court rules against making mortgage interest deductible
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Old 06-08-2011, 02:17 PM   #37
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Kavy View Post
Is this possible to do without your own business or a large amount of assets?
He's in the US, so the laws there allow you to write of the interest each year and then you pay CG tax when you sell the house.
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