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what kind of tax do you have to pay, events you have to attend, how do you deal with it?

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2007-07-22 12:52:00 · 6 answers · asked by jdak34 3 in Entertainment & Music Polls & Surveys

6 answers

The major advantage to owning real property comes from the availability to deduct the interest of a home mortgage and a home equity loan. In order to qualify for an income tax deduction for interest paid on a mortgage

2007-07-22 12:55:29 · answer #1 · answered by Parercut Faint 7 · 1 0

Can't help I don't know your area & what laws apply its different everywhere you go. Property & land taxes may apply call a lawyer get the right info. Good luck

2007-07-22 19:56:33 · answer #2 · answered by sly 4 · 0 0

yes i own my home, i have to pay a yearly property tax which comes out of my escrow account. and no i do not have to attend any events.

2007-07-22 19:56:19 · answer #3 · answered by Hermit 4 Hire 3 · 0 0

u need to save at least a 10% down payment, u need a line of credit at the bank so they will loan u the rest of the money and u need a realtor to help u pick out the right home for u.

2007-07-22 19:56:15 · answer #4 · answered by Nora G 7 · 0 0

you have to pay property taxs and its in a city you have to cut grass or snowblow side walks in winter

2007-07-22 19:57:43 · answer #5 · answered by Anonymous · 0 0

Yes, I am married

2007-07-22 19:54:29 · answer #6 · answered by Papa Damn™ 5 · 0 1

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