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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I know I'm going to get hammered for this but here goes.  My boyfriend is 44.  He lives very simply.  No college degree just a guy that worked his way up the corporate ladder.  Children are all grown now.  Still lives in the 2bed/1ba house in Wheaton.  Inherited it from his parents.  No mortgage.  And now he makes $300k.  What is he supposed to be investing in to get all of these rich people tax deductions?  When I run his tax numbers, he owes $85k for federal.  I haven't run state yet.  It is what it is and he pays it.  But I wonder if he's not being smart with his money.  If you're wondering, much of his income goes into a straight simple interest bearing savings account.  He does max out his 401k at work.[/quote]

How old are you?[/quote]

40.  Why do you inquire?[/quote]

If he buy a massive house and takes our a mortgage he can deduct that[/quote]

OUT not our.

But since he seems to have a lot of extra money, feel free to pay my mortgage [/quote]

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