Tax Benefits of Ownership: The Mortgage Interest Deduction
This updated excerpt from the forthcoming edition of Tax Benefits of Ownership covers the basics of the mortgage interest deduction, from reporting methods to economic effects. Two residences, alternative deductions A long-standing policy of the federal government is to encourage residential tenants to favor mortgaged homeownership, not renting, for their monthly expenditures on shelter. To … Continue reading Tax Benefits of Ownership: The Mortgage Interest Deduction
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