Posted by Notjustair on March 01, 2015 at 18:30:51 from (70.195.20.36):
In Reply to: truck loan posted by 1955 950 on March 01, 2015 at 17:09:25:
The home payments are a deduction on taxes but vehicle payments are not (at least for me). I would get that vehicle payed off. I do it and then if something comes up and I need quick cash my credit union just has me borrow against the paid off pickup. You will also need to start planning on paying taxes for the property when it gets paid off as right now they come out of escrow. Clearly you will have the extra cash because you aren't making payments, but it is something to remember in a couple of lumps a year.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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