2 ms·

You can't deduct the interest on your classic car.

• fulafel 10y ago
  But all the other actors in the market have the same tax advantage, so the house prices rise in concert with the tax deduction. (at least in SV, can be different where construction costs dominate) When using normal real estate investment vehicles, investors are also able to deduct the interest as a business cost.
  • ej_campbell 10y ago
    The folks that are renting don't have that tax advantage.