NotWhoYouThink wrote:One reason to model this in tax software is that these deductions may push you into AMT, or maybe you are already there. In which case there will be no federal tax savings on the property tax. Lots of moving parts here.
backpacker wrote:For $5,000 you could buy 500 malaria nets and save about two lives. Sounds like a lot more fun to me than having a watch that's nice to look at!