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Demand would go way down if the government would stop favoring real estate investment with ridiculous tax incentives. Mortgage interest deduction 30 year fixed
by rcpt 3y ago
Demand would go way down if the government would stop favoring real estate investment with ridiculous tax incentives.
Mortgage interest deduction
30 year fixed rate mortgage
Opportunity zones
1031 exchanges
Deprecation deduction
The list goes on forever and none of it helps
- seanmcdirmid 3y agoThe mortgage tax deduction is basically dead for most of us since Trump’s tax reform that raised the standard deduction way above what most people would get from tax deductible interest. At least until 2025, unless something changes.
- rcpt 3y ago> basically dead. It should be properly dead.
- seanmcdirmid 3y agoYes, that would be the right decision, not necessarily what middle class voters want, but what they need.