Tax hike!!!!
Comments
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Yep. 10% down in my id 20's for a house. How's your overpriced apartment?CirrhosisDawg said:
Mortgage insurance? πππ€£greenblood said:
Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.2001400ex said:
Having a sole prop doesn't change your itemized deductions. HTHgreenblood said:As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here
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I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...BearsWiin said:
3% down will get you into a sweet townhouseCirrhosisDawg said:
Mortgage insurance? πππ€£greenblood said:
Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.2001400ex said:
Having a sole prop doesn't change your itemized deductions. HTHgreenblood said:As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here
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20% of what?greenblood said:
I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...BearsWiin said:
3% down will get you into a sweet townhouseCirrhosisDawg said:
Mortgage insurance? πππ€£greenblood said:
Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.2001400ex said:
Having a sole prop doesn't change your itemized deductions. HTHgreenblood said:As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here
Pmi means you are a credit risk to your lender.
I own a sfr property in Pasadena ca. I donβt pay pmi. -
Internet rich guys are the best rich guys
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Most people either refi in a couple years to drop pmi or do a 80/10.greenblood said:
I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...BearsWiin said:
3% down will get you into a sweet townhouseCirrhosisDawg said:
Mortgage insurance? πππ€£greenblood said:
Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.2001400ex said:
Having a sole prop doesn't change your itemized deductions. HTHgreenblood said:As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here
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Trouble following along?CirrhosisDawg said:
20% of what?greenblood said:
I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...BearsWiin said:
3% down will get you into a sweet townhouseCirrhosisDawg said:
Mortgage insurance? πππ€£greenblood said:
Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.2001400ex said:
Having a sole prop doesn't change your itemized deductions. HTHgreenblood said:As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here
Pmi means you are a credit risk to your lender.
I own a sfr property in Pasadena ca. I donβt pay pmi. -
Yes, apparently. A little help here. How much upfront $$$$ did self-made man / failed football Oregon walk-on / social security financing expert (illegals pay all the tax) / need for his down payment to qualify for a non-pmi loan? 20% of what loan value?RaceBannon said:
Trouble following along?CirrhosisDawg said:
20% of what?greenblood said:
I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...BearsWiin said:
3% down will get you into a sweet townhouseCirrhosisDawg said:
Mortgage insurance? πππ€£greenblood said:
Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.2001400ex said:
Having a sole prop doesn't change your itemized deductions. HTHgreenblood said:As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here
Pmi means you are a credit risk to your lender.
I own a sfr property in Pasadena ca. I donβt pay pmi.
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Yep
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GAYBOB DANGER ZONE!!!!!greenblood said:
I put 10% down, needed 20% to not get the mortgage insurance. But I'm sure lot's of guys in their mid 20's have 20% lying around...BearsWiin said:
3% down will get you into a sweet townhouseCirrhosisDawg said:
Mortgage insurance? πππ€£greenblood said:
Correct, but since I make too much to be able write off mortgage insurance, mine and my wife's standard deduction was higher. This year the standard deduction is a lot higher.2001400ex said:
Having a sole prop doesn't change your itemized deductions. HTHgreenblood said:As a Sole Prop I get to use my 24K standard deduction and nothing changed with my schedule C. Yes...my taxes went down bigly this year. No problem here
Alert: Freddie and Fannie taxpayer subsidized loan coming your way!
Sorry greenbob, but GayBob is about to delver the white trash trashing of your lifetime! -
Makes sense.RaceBannon said:Yep
Apparently
