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Call 675-3349
to place your ad
Real Estate
Eileen M. Day realtor
HOW MANY DOLLARS
DID YOU DEDUCT?
How many dollars did you deduct on last year’s income tax return for mortgage interest? If the answer is NONE, read on?
Many career-minded people feel that a disproportionately large share of their income goes toward the payment of federal income taxes. Perhaps that’s true for you also.
To simplify matters, let’s say that you’re in the 28% tax bracket. Do you realize that by owning your own home with payments of $1,000 per month, you might actually have in initial tax saving of up to $3,360 per year ($280 per month)? And with a $1,000 monthly payment, less a $280 monthly tax saving, you would have a net house payment of $720 per month! On top of that your house value should increase significantly each year.
If you feel you’ve been paying too much income tax and want to change that part of your life, call our office. With no obligation or cost to you whatsoever, we’U show you how to make that change — painlessly.
If there is anything we can do to help you in the field of real estate, please drop in at EILEEN M. DAv, Realtor, The Clopton House, Washington, Va. 22747. Phone: 6753400. We’re here to help.
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