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-   -   A potential goodbye to homeowners deductions as we know them? (http://forums.pelicanparts.com/off-topic-discussions/248861-potential-goodbye-homeowners-deductions-we-know-them.html)

dd74 10-31-2005 11:30 AM
A potential goodbye to homeowners deductions as we know them?
 
Hmmm...now what could be the reason for this?

A presidentially appointed bipartisan commission is expected to urge precisely that on Tuesday, when it delivers its final report to the Bush administration. The mortgage interest deduction - which currently allows write-offs on first and second loan amounts up to $1.1 million - would be scrapped and replaced with a 15 percent credit on sharply limited mortgage amounts.

http://www.newsday.com/business/realestate/ny-bzharney4485729oct28,0,7647279.story?coll=ny-realestate-headlines

legion 10-31-2005 11:34 AM
Repost?

legion 10-31-2005 11:37 AM
Repost.

http://forums.pelicanparts.com/off-topic-discussions/245288-presidential-commission-review-mortgage-tax-deduction.html

dd74 10-31-2005 11:40 AM
Compost...;)

jyl 10-31-2005 11:55 AM
Suicide by voter


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