Unlocking Tax Deductions & Mortgage Secrets: Radio Financial Tips!

Transcript

0:00: Exploring mortgage interest, tax deductions, and equity potential in today's housing market.

0:05: Chuck about such a large tax deduction with a high interest rate, right?

0:09: That mortgage payment, you're right, is, is, it's really going towards interest in a lot of ways, but you could do the calculation.

0:15: So if you look at that half a million dollars dollar mortgage and you say, OK, it's gonna cost me $20,000 but I'm gonna refinance now, will I pay that?

0:24: Yes, because if you buy today and that in this competitive market.

0:29: And, and, and you look forward to years, you might have had 40,000 to 50,000 in equity and you might be well ahead, you know.