Home Buyers, Metro Milwaukee, Wisconsin, North Central Wisconsin, North East Wisconsin, Northwoods Wisconsin, Racine/Southern Wisconsin
Interest Deductibility Threatened Again.
Homeowners currently are allowed to take an itemized deduction for the interest they pay on their home mortgages. With conventional loans, most of the payments in early years go to pay the interest on the loan with a tiny fraction that goes toward principal. Depending on the individual’s tax bracket, the deduction can result in […]