Tuesday, January 8, 2013

Mortgage Interest Deduction: Deja Vu

We've had this conversation before.  We've shared about the Mortgage Interest Deduction before.  (See previous posts from 2008 and 2010.)  And here we are again.  From my partner, Kirk Nace:  "Remember 2008 when I first started saying that we would eventually see the mortgage interest deduction (MID) go away?  Then in 2010 we had a heated debate on one of these calls because “realtors” don’t want to accept that fewer than ¼ of all taxpayers benefit from it?  Look what CNBC is talking about today . . ."

Click HERE to review the full article that CNBC shared in November of 2012.  This WILL be a continued topic.  Stay tuned here for our continued input, although unpopular!