I am working for the Foreign Mission. so I don't pay tax at all. If I buy a co-op
If I buy a co-op
am I eligible for the Mortgage tax deduct from maintenance when I don't even pay tax? Usually co-op share holder
can get a tax benefit from the maintenace.
Answers (2)
Hind side 20:20... one day you'll think I should have bought it THEN...the prices are low and the interest is AT a historic low. Buy it ......forget the tax break...
Web Reference: http://www.citi-habitats.com/agent_profile.php?id=wmt
FIRST ANSWER
If you don't pay taxes, what would you deduct against? You have a taxable income of 0. The government is not going to send you money if that's what you're asking. You'll also start paying property taxes if you purchase.
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Answered Wed Nov 28 2007, 10:57 by Joseph Ferrara, Es… in Midtown East (Turtle Bay)
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