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Tax Savings. Matt (from problem 7) paid mort- gage interest of $4,330 during his first year in the 1 answer below » Tax Savings. Matt (from problem 7) paid mort- gage interest of $4,330 during his first year in the condo. His property taxes were $600, and his homeowner’s insurance was $460. If Matt is in a 25% marginal tax rate bracket, what were his tax savings for his first year? Aug 21 2015 06:40 PM
