7 ms·
It’s a leveraged investment with a tax benefit and some government subsidy. Living in it is the tax Benefit portion.
by throw9away6 3y ago
It’s a leveraged investment with a tax benefit and some government subsidy. Living in it is the tax Benefit portion.
- scarface74 3y agoIt’s not really a tax benefit for most people. 87% of taxpayers take the standard deduction. That means at most 13% of taxpayers take advantage of the homeowner’s tax deduction on interest.