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Fair general statements ----- However for 2012 you're looking at 10% of AGI not 7.5% as a floor for medical (you get to itemize all but can only deduct what's over your floor amount (and then still overall itemizations - medical, taxes, mortgage, charity, etc. have to have more than your standard deduction).
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A thing of the past --- maybe --- if congress has it's way. The Dodd-???? act is basically doing away with seller financing due to congress (AGAIN) not thinking through their acts. In the present act which is trying to keep the financial institutions in line --- unless they are to big to fail, of course --- the new ho...more
8/16/2011
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