Disappointed
Recycles dryer sheets
- Joined
- Sep 16, 2007
- Messages
- 464
While mortgage interest deduction is pretty safe, what will happen to the property tax?
I would not remotely begin to react to what is less than a postcard of tweeted maybe's coming out of DC at this point.
You'll drive yourself mad and look silly in the process.
I agree. Its a long way from being reality but I do worry not enough folks are paying attention.
Great news, glad I didnt hear about this before. So no more property tax deduction and I cant deduct my 5 digit state income tax. Glad I had a nice dinner before I read this tidbit.
Note that as part of the deal they are also discussing doubling the standard deduction.
Well they also wanna do away with the estate tax completely so your heirs will love that.