The Traderszone Network

Published in TZ Latest News 22 August, 2017 by The TZ Newswire Staff

Could the mortgage interest deduction get chopped after all?

The mortgage interest deduction is the annoying aunt of entitlements: once through the door it’s just impossible to get rid of. At least that used to be the conventional wisdom. Now the Trump administration is about to test it. According to unnamed real estate industry sources, federal officials and lawmakers are toying with the idea of capping the entitlement, which allows households to deduct mortgage payments from their income tax, at a loan amount of […]

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