C:\Users\ {User-ID} \AppData\Local\Microsoft\Windows\INetCache\Low\IE\ I found the 1st in folder IE when attempting to find a lost file. Realizing that IE was showing NO folders, I have started picking files in the 1 st hidden folder and doing searches on them. Most files in the hidden folders are found only there. However, some are in multiple places.
Most people calculate the true cost of their mortgage as their interest rate, less any tax savings from an interest deduction on their tax return. They may think, Well, my mortgage rate is 5%, and I'm in the 25% tax bracket, so my true rate is 3.75% (the federal government lets them write off the interest, with a 25% tax savings, so their net cost is 75% of their rate. Essentially, they think the Federal Government pays 25% of the mortgage). Well, that thinking is not entirely accurate.
Defining Your 'Principal Residence' for Tax Purposes Isn't Always Simple. Our tax laws encourage homeownership in three major ways. When you file your annual federal income tax return, you can deduct the interest you pay on your mortgage, up to a limit. You can also deduct the real estate tax you pay to your state and local governments. And when you sell your home, in many cases you can avoid federal tax on a sizable portion of the profit, or capital gain. The mortgage interest and real estate tax deductions apply both to principal homes and second homes that are used part of the year.