When asked about Retirement, normally people are in a denial mode. Why even ask them ‘What will your family do, if you drop dead’…is a question they hate to hear. They even hate me for asking these questions. It is difficult to know what to do…so best is either do not do anything or speak […]
If you have been following my blog, you may have seen more articles about ‘renting vs. buying’ here is the next instalment. “If I buy a house, I get a tax break.” Business men also get tax breaks when they make losses or incur expenses! As do share buyers, – all are bad deals! The […]
I know this may sound sacrilegious, but the housing loan (mortgage) interest deduction is the most over-rated tax strategy in existence. I constantly hear happy “homeowners“ boasting about how much money they “saved“ with their mortgage interest deduction. Asking your boss to reduce your salary would perhaps have the same effect. If you are […]