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> the tax code HEAVILY incentivizes investors to own property on leverage Can you expand on this claim? Mortgage interest deduction is often talked about but
by jjav 3y ago
> the tax code HEAVILY incentivizes investors to own property on leverage
Can you expand on this claim?
Mortgage interest deduction is often talked about but realize that unless you itemize deductions you can't do it, and itemizing has been made very difficult so most people won't qualify[1].
There are many good reasons own your home, but tax code benefits is not one of them.
[1] https://taxfoundation.org/blog/standard-deduction-itemized-deductions-current-law-2019/ https://taxfoundation.org/blog/standard-deduction-itemized-d...