Mortgage Interest Deduction proposed changes

Real Estate

Mortgage Interest Deduction proposed changes

The Republican tax change proposals include a reduction in the amount of mortgage interest that homeowners can deduct - from the current mortgage debt of $1,000,000 to the proposed mortgage debt of $500,000. The proposed lower limit would not impact existing mortgage loans - but all new mortgage loan debt.

According to Attom Data Solutions, only 5.4% of all loans originated were more than $500,000.

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1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search

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3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com

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Also….check these out??

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Oct 27, 2018 Market Trend