The idea of limiting the homeowner mortgage interest deduction came up in two of the presidential debates, but specifics about who would be affected and how much they might lose in tax benefits were minimal. To put some rough numbers on the issue, here’s a quick primer on the mortgage interest deduction and related housing write-offs.

BING NEWS:
  • With mortgage interest deduction up in the air, here's one reform idea
    A refundable tax credit would carry the same budgetary impact but boost homeownership among lower and middle-income households, a new study says.
    12/9/2024 - 6:29 am | View Link
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