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Old 10-12-2007, 10:41 PM
T50_Omaha8 T50_Omaha8 is offline
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Join Date: Jun 2006
Location: 12-tabling $3 PLO8 Turbos
Posts: 975
Default Re: Is there any disadvantage to buying a house outright?

The complicating factor is that interest on mortgage payments is tax deductible from your income. This little quirk dramatically shapes our housing market.
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