Thanks a lot Opus and you're quite right, I confused myself by giving two different property tax figures because I was thinking of the 10K salt max for federal. So, yes, it should've been 25K for mortgage and 12k for property tax. Anyway, thanks a lot for your help, I appreciate it. Is there a simple calculator where you can input these figures and see the tax you'd pay? I have a very simple situation. Just employment income, nothing else. I simply want to see how much different apartments will cost me after state and federal tax deductions on the mortgage interest and property taxes.
