☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 3 months agoAmericans be likelemmy.mlimagemessage-square125fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageAmericans be likelemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 3 months agomessage-square125fedilink
minus-squareDrinvictus@discuss.tchncs.delinkfedilinkarrow-up0·2 months agoPretty much. Because you’re deducting the interest. You could have also googled this
minus-squareSaik0@lemmy.saik0.comlinkfedilinkEnglisharrow-up0·edit-22 months agoAh yes, the actual mortgage value… the principal is definitely covered in the deduction of the interest… The interest definitely isn’t literal income for the bank and they definitely don’t pay taxes on income that they make.
Pretty much. Because you’re deducting the interest. You could have also googled this
Ah yes, the actual mortgage value… the principal is definitely covered in the deduction of the interest… The interest definitely isn’t literal income for the bank and they definitely don’t pay taxes on income that they make.