In my continued attempt to try and expand your thought process toward buying and why today is the time to buy not just a house, but a home in Lawrenceville, Georgia, and ‘spring boarding’ off the September 16th column from The Wall Street Journal, point number three as far as why you want to go ahead now and buy is that you can deduct the mortgage interest from your income taxes.

The article from the WSJ referenced above points out, “You can deduct your real estate taxes. And you’ll get a tax break on capital gains–if any–when you sell. Sure, you’ll need to do your math. You’ll only get the income tax break if you itemize your deductions, and many people may be better off taking the standard deduction instead. The breaks are more valuable the more you earn, and the bigger your mortgage. But many people will find that these tax breaks mean owning costs them less, often a lot less, than renting.”

Let’s do a comparison.  I am going to pull.....

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