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Home / Mortgage Advice / Mortgage Tax Deduction Myth 2019

Mortgage Tax Deduction Myth 2019



This is a remake of a previous video produced regarding the mortgage tax deduction myth. The mortgage tax deduction is not a stand-alone reason to take on a mortgage for three reasons:
– The deduction is only allowed if you itemize
– The deduction gets smaller over time
– The interest costs more money that what the deduction saves you

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