Posted On: Friday, March 25, 2011 - 1:23pm | Posted By: Diane Hourany
Topics: Laws and Regulations | Tags: congress, legislation, MID, mortgage deduction, tax benefit, tax break, taxe
Long taken for granted as a right of home-ownership, the ability to
deduct the interest homeowners pay on their mortgage may disappear or be
weakened as congress looks at terminating or scaling it back. Is it
time? Do you think homeowners should be favored with this benefit?
Read on to understand all the ways it does just that.