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Land purchase snowball rolling down hill
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indeeppigfarmer
Posted 8/19/2025 15:02 (#11337891 - in reply to #11337866)
Subject: RE: Land purchase snowball rolling down hill


J.L. - 8/19/2025 14:27

Someone feel free to check my math but I'm coming up with 2.6 million in interest vs 900k on a million dollar note at 7% at 20 yrs. vs. 50 year amortization.


Yes, maybe so, but all that interest is deductible, will keep your income tax bill low for decades.***
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