Mortgage interest deduction
Many times when home buyers are considering a home, they will build into the cost the amount of mortgage interest deduction that they expect to get. For example, if you think you can afford a $2,000 a month mortgage payment, but expect to get a portion of that back at the end of the year in the form of a deduction, you might be inclined to increase your home budget accordingly.
But mortgage interest deduction is trickier than it looks, and you need to be informed about how much of a benefit you’ll get, or if you’ll get any at all.
That’s why we’ve prepared some amazing resources for you. Below, you’ll find an interview with a tax expert and financial planner with 30 years of expertise, Valerie Adelman.
Do you want to find out if YOU benefit from Mortgage Interest Deduction? Below, download our free resource that walks you through how to tell if you will get a benefit or not.