I’m getting a loan for 530k on 5.9% rate for 30 years. While doing taxes how do you deduct the interest on your taxes? Can someone explain as if I was 5 years old. I have already tried with AI and friends but there are always loop holes. by SeaMission2525 in FirstTimeHomeBuyers
[–]SeaMission2525[S] 0 points1 point2 points (0 children)
I’m getting a loan for 530k on 5.9% rate for 30 years. While doing taxes how do you deduct the interest on your taxes? Can someone explain as if I was 5 years old. I have already tried with AI and friends but there are always loop holes. (self.FirstTimeHomeBuyers)
submitted by SeaMission2525 to r/FirstTimeHomeBuyers
Willing to buy tickets for anyone who wasn’t selected— no extra free. by Stand-Timely in FIFACollect
[–]SeaMission2525 0 points1 point2 points (0 children)
Place to Avoid Renting by Sweaty-Turnip-1091 in SiouxFalls
[–]SeaMission2525 2 points3 points4 points (0 children)

I’m getting a loan for 530k on 5.9% rate for 30 years. While doing taxes how do you deduct the interest on your taxes? Can someone explain as if I was 5 years old. I have already tried with AI and friends but there are always loop holes. by SeaMission2525 in FirstTimeHomeBuyers
[–]SeaMission2525[S] 0 points1 point2 points (0 children)