06-15-2009, 01:15 PM
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Senior Club Cobra Member
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Join Date: Feb 2004
Cobra Make, Engine:
Posts: 1,226
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Not Ranked
Your second sentence is very sad. Fortunately, my homes and properties were paid off over 5 years ago as are all my cars, toys, etc. I retire next year at 55 YO. As to "giving it all to the IRS" please explain how it makes sense to pay $10,000 in interest only to deduct $3200 from your taxes. To me, you just lost $6800.
Jim
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