Tag Archive for: tax deductions

Tax Bill Passes; Advice: Defer Income; Prepay Property Taxes NOW; Move to Texas :)

A few points about the GOP’s Tax Bill Deductions: Mortgage Interest Deduction: Current homeowners will be grandfathered in and still allowed to deduct interest against $1mm of mortgage debt. Starting […]Read More

Interest Expense Always Exceeds Tax Savings; Nobody “Needs” Write-off

There is no doubt that renters experience a tremendous tax benefit or subsidy when they buy a house. This is b/c they can deduct all of the interest and property […]Read More