Thursday, May 17, 2018

FAQs about Deducting Home Loan Interest under the New Tax Law

The Tax Cuts and Jobs Act (TCJA) changes the rules for deducting interest on home loans. Most homeowners will be unaffected because favorable grandfather provisions will keep the prior-law rules for home acquisition debt in place for them. Old Rules for Mortgage Interest Deductions Prior to the Tax Cuts and Jobs Act (TCJA), you could deduct […]

The post FAQs about Deducting Home Loan Interest under the New Tax Law appeared first on AmeriEstate Legal Plan, Inc..

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