Suppose you purchase a $300,000 condominium for your personal residence putting down 3% and borrowing the balance at a rate of 3

Business Jan 13, 2023

Suppose you purchase a $300,000 condominium for your personal residence putting down 3% and borrowing the balance at a rate of 3.5% for 30 years. If you move in on July 1 of 2021, approximately how much of a tax deduction can you take for the tax year 2021 assuming you itemize your deductions and are not subject to any SALT limits? How does this change the...