What should ms jones consider before making decision

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Reference no: EM133133239

In 200-250 words, given Ms. Jones' situation as described here, answer and discuss the following:

  • What amount is deductible on the interest Ms. Jones currently pays if she is in the 28% tax bracket?
  • If Ms. Jones purchases the new condominium, how would this affect her income tax? Analyze the investment from the perspective of tax savings.
  • What should Ms. Jones consider before making this decision?
  • What calculations should Ms. Jones make?
  • What other savings would Ms. Jones realize?

Reference no: EM133133239

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