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What is a tax shelter?
Author: Ted Farley
Website: http://www.Tax-FAQ.com
Added: Sun, Jul 23, 2006 17:52:28
Category: Tax Questions
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Tax shelter is a term used for property and other investments that give the owner some advantages at tax time, like federal tax deductions for paying property taxes, mortgage interest, and depreciation. It usually also provides a reduction in the amount of state and local taxes the owner must pay.
keywords: Taxes | Tax | Tax Shelter | Mortgage About the Author:
Ted Farley answers frequently asked tax questions at PrettyGreatAnswers.com.
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