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0 pointsmdorazio2y ago0 comments

The mortgage interest tax deduction by itself is enough to refute you.

0 comments

I'd imagine practically no one actually takes that because the standard deduction is more lucrative. Unless you live in a far above average priced home with a jumbo loan.

kleinsch2y ago

Mortgage interest deduction is capped at $750K of debt, conforming loan limits are $760K+, so doesn't apply to jumbo loans.

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0 pointsmdorazio2y ago0 comments

The mortgage interest tax deduction by itself is enough to refute you.

0 comments

nightski2y ago

I'd imagine practically no one actually takes that because the standard deduction is more lucrative. Unless you live in a far above average priced home with a jumbo loan.

kleinsch2y ago

Mortgage interest deduction is capped at $750K of debt, conforming loan limits are $760K+, so doesn't apply to jumbo loans.

j / k navigate · click thread line to collapse