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Do I need to pay taxes on my roommates extra payments?
Do I need to pay taxes on my roommates extra payments? I am 22 years old and live in Michigan. I will be getting a home soon. I can afford to, and will, pay double the mortgage on my own. I know most people like to put the money in an HYSA that'll make them 1.5% but, I much rather pay down the almost 7% interest bearing mortgage. I will have two roommates as well. Both will contribute on top of my p...
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