Posted 10/2/2023 10:33 (#10424643 - in reply to #10424492) Subject: RE: After income tax
You are forgetting that inlly the principle portion of the payments are made with taxable income. The interest portion of the payment is an expense and is tax deductible. And the first years of payments especially on a 40 year amortization are very little principle . A 40 year amortization was available on the program my son looked at.
Looking For Advice on a Farm
