Young Thug reposted a picture of The Gameâs daughter on Instagram after the Compton, California rapper shared photos of himself getting ice cream with her yesterday (February 22). âSuch a cutie, her (eye emoji)â¦â Thugger writes, according to Baller Alert. âWish she was my kid!!â.
Calculate your payment and more. Interest paid on a mortgage is tax deductible if itemized on the tax return. So are points that are paid to lower the interest rate.Use this mortgage tax deduction calculator to determine how much you could save in income taxes.alculate your payment and more. Interest paid on a mortgage is tax deductible if itemized on the tax return. So are points that are paid to lower the interest rate.
Points are prepaid interest and may be deductible as home mortgage interest, if you itemize deductions on Form 1040, Schedule A (PDF). If you can deduct all of the interest on your mortgage, you may be able to deduct all of the points paid on the mortgage.If your acquisition debt exceeds $1 million or your home equity debt exceeds $100,000, you cannot deduct all the interest on your mortgage and you cannot deduct all your points.oints paid by the seller of a home cannot be deducted as interest on the seller's return, but they are a selling expense that will reduce the amount of gain realized. The buyer may deduct points paid by the seller, provided the buyer subtracts the amount from the basis or cost of the residence.