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To: rb22982

You’re wrong...the mortgage deductible is still in it!


72 posted on 10/28/2017 4:41:50 PM PDT by nopardons
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To: nopardons
You’re wrong...the mortgage deductible is still in it!

Uh, maybe, maybe not. The builders association just came out against it. And even if it still is in, to get to more than $24,000 in interest deduction (married couple new standard deduction) for it to even matter, you'd need to have more than $600,000 in mortgage debt assuming 4% interest to hit the threshold vs standard. How many people have that kind of mortgage debt with a median house worth $200k?

78 posted on 10/28/2017 4:46:09 PM PDT by rb22982
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