New York Post
US · 4 mins ago
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The ‘hidden’ tax that could threaten America’s fast-growing real estate boomtowns
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Quality 72/100
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As property values surge in fast-growing real estate markets, homeowners face the risk of exceeding home equity loan tax deduction limits, potentially reducing the tax benefits of their mortgages.
The ‘hidden’ tax that could threaten America’s fast-growing real estate boomtowns
In fast-growing markets, homeowners who bought before a recent price boom are coming very close to the exclusion limit of the home equity tax.
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