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Registered
Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,714
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Motion, your principal payment is not tax deductible. It might be for a rental property as part of your overall carrying costs, but even that is only 50% deductible for someone at your income level. On your primary residence, paying down principal just makes the payoff day come a lot sooner.
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2022 BMW 530i
2021 MB GLA250
2020 BMW R1250GS
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