4 ms·

Interest is only deductible on the first $1m of a loan already.

• accountyaccount 9y ago
  Right, I'm saying if a property requires a loan of $1m+ you'd kill MID entirely — including the first $1m.
  • acchow 9y ago
    These step-wise functions cause all sorts of weird, undesirable distortions.
    • accountyaccount 9y ago
      What we have now are weird undesirable distortions from like, WWII-era politics. The best government seems to be able to do is shift distortions to relevancy.