Date: Wed, 31 Dec 2003 04:02:09 CST
From: "Elizabeth Richardson"
Newsgroups: misc.invest.financial-plan
Subject: Re: What to do?
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"Jerry McBride" wrote in message
news:itl9c1x6or.ln2@spinner.my.domain...
>
>
> Basicly I can either pay off my mortage and loose the $4000.00 fed tax
> deduction, but be able to invest the money I would normally spend on the
> mortgage
How much is the standard deduction? Is it more than $4000? If it is, then
you get the deduction even if you don't have a mortgage. Why send the money
to the bank instead of keeping it for yourself?
Elizabeth Richardson
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