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Seller-Financed Mortgage
A real estate purchase financing method where the seller extends credit to the buyer to purchase the property.
Interest Received
The amount earned from interest-bearing accounts or investments, such as savings accounts or bonds, which is usually taxable income.
Itemized Deductions
Deductions from taxable income that occur when taxpayers list out specific allowable expenses on their tax return.
State Taxes Paid
State Taxes Paid includes any taxes that individuals or businesses pay to state governments, which can include income tax, sales tax, and property tax.
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