you would have AMT and not be able to deduct all your dections including primary mortgage interest. I don't know how the limit is set,but it's true. So I am struggling too as I don't know if I should pay more primary mortgage and loan to buy investment house or invest rental house by cash and keep paying primary house mortgage with some of my savings. Do you have good suggestions?
I thought if you had high enough income
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property tax subject to AMT, mortgage interest is not ...
-njrookie-
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12/02/2014 postreply
16:27:46