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Re: The Republican Tax Plan
[Re: Goatkiller]
#2279488
11/02/17 10:47 AM
11/02/17 10:47 AM
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Joined: Nov 2011
Posts: 22,111 USA
Remington270
OP
Freak of Nature
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OP
Freak of Nature
Joined: Nov 2011
Posts: 22,111
USA
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I've got no problem capping property tax at $10,000 and mortgage interest to $500k.
If you have a $600k mortgage but can only deduct interest on the first $500k who cares. If you have a $600k mortgage you can suffer through that in my opinion. To qualify for that you ain't broke Jack. But that’s not how it works. If your mortgage is $600k, you don’t get to deduct a single dollar of mortgage interest.
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