I've never understood why people make such a big deal out of that deduction The reason is that this, like nearly everything else in this thread, only applies t

I've never understood why people make such a big deal out of that deduction The reason is that this, like nearly everything else in this thread, only applies to the coasts or for houses that would be considered quite expensive elsewhere. The median home value in St. Louis, for example, is less than $150k. The standard deduction for a married couple filing jointly is $12,600. The math is pretty simple from there.