Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Also home insurance isn’t tax deductible (to my knowledge unless you’re renting the house and then it counts against the income you made renting) but the interest paid is.
That’s a good point, but I’m definitely paying more taxes now than I was before. My new state has income tax and tangible property (vehicle) tax that Florida didn’t have. I looked up tax distribution for my county and the majority goes into education, so I can’t complain too much.
Also home insurance isn’t tax deductible (to my knowledge unless you’re renting the house and then it counts against the income you made renting) but the interest paid is.
That’s a good point, but I’m definitely paying more taxes now than I was before. My new state has income tax and tangible property (vehicle) tax that Florida didn’t have. I looked up tax distribution for my county and the majority goes into education, so I can’t complain too much.