Mortgage Interest Deduction

If you own a home and itemize, one of your deductions may be for your mortgage interest. If the plan that is being considered NOW is enacted studies show that the 75% of home owners who currently use the deduction could be reduced to 5%! For PA homeowners, property taxes would no longer be deductible either! OUCH! Think about HOW this will impact our ability to sell homes! 

A change like this could make us a nation of renters instead of home owners! We strongly encourage you to check out how this might impact you and let your elected representatives know where you stand!


Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.

All information deemed reliable but not guaranteed. Copyright 2022.

© ©2022 BHHS Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.