Re: I need a plan to avoid paying taxes in full.
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I guess I should add that I'm looking for a legal way to do it [img]/images/graemlins/smile.gif[/img]
Does buying a house get you tax breaks or am I way off here?
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Yes, because your first mortgage payments will be paying off mostly interest and very little principle, these interest payments incite tax breaks, i'm not sure if they're deductions or exemptions or what, but i know that you will recieve some sort of break. Also, i don't know how this relates to poker income, you really need to talk to a personal tax advisor type person, maybe's there's even someone on oot that does that
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