Sorry, the FIT benefit is the deductibility of the property taxes, Good point on the $10,000 limit. I am not anywhere near that level so hadn’t thought of it. The various caps on tax laws make it so complex to figure things out.
My main point was a 1.0% tax has a large impact on values
particularly in a low interest rate environment.
good point...just trying to understand the issue...amazing how complex things have gotten don’t you think?!