☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agoAmericans be likelemmy.mlimagemessage-square135linkfedilinkarrow-up10arrow-down10
arrow-up10arrow-down1imageAmericans be likelemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agomessage-square135linkfedilink
minus-squareDrinvictus@discuss.tchncs.delinkfedilinkarrow-up0·1 year agoPretty much. Because you’re deducting the interest. You could have also googled this
minus-squareSaik0@lemmy.saik0.comlinkfedilinkEnglisharrow-up0·edit-21 year agoAh yes, the actual mortgage value… the principal is definitely covered in the deduction of the interest… The interest definitely isn’t literal income for the bank and they definitely don’t pay taxes on income that they make.
Pretty much. Because you’re deducting the interest. You could have also googled this
Ah yes, the actual mortgage value… the principal is definitely covered in the deduction of the interest… The interest definitely isn’t literal income for the bank and they definitely don’t pay taxes on income that they make.