Thanks. The thing is I'm trying to calculate how much money I'd get back from my property tax and mortgage interest were I to buy a co-op. Is there a way to calculate that?
Say for example my annual mortgage interest were $25K and my property taxes were $12K.
I think I can figure out what happens with my Federal due to the $10K maximum from SALT and my 22% rate income. But how would I calculate my state and local deductions and how much I would get back?
