Don't assume the investment is tax-free. It's a relatively new product. |
If you borrow from a bank to buy a house and it is less than $1 million, you can deduct the interest, |
It just makes sense that the IRS wouldn't pick on people who are really trying to pay their taxes, ... There are plenty of other people they need to go after. |
It just makes sense that the IRS wouldn't pick on people who are really trying to pay their taxes. There are plenty of other people they need to go after. |
People think it's similar to a CD, but it's not. The message for investors is to make sure they just don't believe the ads. |
The general rule is to use up your outside assets first and let assets continue to grow in this wonderful, tax-deferred environment for a long, long time. |
Those points are amortized over the entire term of the note, |