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Deducting home mortgage interest

$225.00

SKU: TBA01131. Category: .

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Abstract: The political debate on federal tax reform touches many topics, including the tax deduction for interest on home mortgage loans. This article reviews federal law on deducting residential mortgage loan interest. It discusses interest paid on qualified residence debt and what constitutes a “qualified residence.” It also offers a planning tip for taxpayers with more than two homes.

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