The Tax Benefits of Home Ownership | AllLaw.com
Home mortgage interest is deductible on your income taxes if you itemize. You can deduct the interest on up to one million dollars of home mortgage debt, .
http://www.alllaw.com/articles/tax/article3.asp

Mortgage tax deduction calculator
Interest paid on a mortgage is tax deductible if itemized on the tax return. So are points that are paid to lower the interest rate. Use this mortgage tax deduction .
http://www.bankrate.com/calculators/mortgages/loan-tax-deduction-calculator.aspx

Md. proposes cap on mortgage interest tax deductions - Where We ...
Feb 29, 2012 . Where We Live is the real estate blog of The Washington Post. You'll find news and information about neighborhoods and gossip about who's .
http://www.washingtonpost.com/blogs/where-we-live/post/md-proposes-cap-on-mortgage-interest-tax-deductions/2012/02/29/gIQAXulHiR_blog.html

The Mortgage Interest Tax Deduction - Slate Magazine
Apr 10, 2012 . I remember being down at the Department of Housing and Urban Development one time to talk housing and urban development with some .
http://www.slate.com/blogs/moneybox/2012/04/10/america_s_largest_housing_subsidy_the_mortgage_interest_tax_deduction.html

Is It Time to Kill the Mortgage Interest Tax Deduction? - DailyFinance
Apr 20, 2011 . With proposals from both President Obama and GOP leaders to broaden the tax base, it seems likely that some cherished income tax .
http://www.dailyfinance.com/2011/04/20/eliminate-mortgage-interest-tax-deduction/

Home Mortgage Interest Deduction - Tax Planning: US - About.com
Home Mortgage Interest is a tax-deductible expense. Mortgage interest is reported on Form 1040, Schedule A along with other itemized deductions such as real .
http://taxes.about.com/od/deductionscredits/a/MortgageDeduct.htm

Is the Home Mortgage Interest Tax Deduction a Good Deal?
Sep 14, 2011 . Interest payments on home mortgages have long been tax deductible in the United States. In fact, prior to the Tax Reform Act of 1986, interest .
http://www.fivecentnickel.com/2011/09/14/is-the-home-mortgage-interest-tax-deduction-a-good-deal/

Mortgage Interest Tax Deductions
Deducting your mortgage interest under the tax code. Tax benefits of selling your home.
http://mortgage-x.com/brochure/deductions.htm

Tips For Using Your Mortgage For Tax Benefits
That is because you can actually save money through tax deductions for the interest that you are paying on your mortgage loan. While you won't get back all of .
http://www.mortgagecalculatorsplus.com/articles/tips-for-using-your-mortgage-for-tax-benefits.php

Mortgage interest tax deduction: safe until after 2012 election ...
Sep 13, 2011 . Congress' supercommittee -- the bipartisan, 12-member panel assigned the task of cutting $1.5 trillion from the federal deficit in the next 10 .
http://www.inman.com/buyers-sellers/columnists/kenharney/mortgage-interest-tax-deduction-safe-until-after-2012-election

Tax - Mortgage Interest Tax Deductions Available When Buying a ...
You can deduct qualified mortgage interest on your main home and a second home if you itemize deductions on Schedule A. You must be legally liable for .
http://www.hrblock.com/taxes/tax_tips/tax_planning/home_buying.html

Home Mortgage Interest and Property Tax Deduction
Calculate how mortgage interest and property tax deductions can save you money and make buying a home affordable.
http://www.homebuyergo.com/Mortgage_Interest_Property_Tax_Deduction.aspx

Tax Expenditure of the Week: The Mortgage Interest Deduction
Jan 26, 2011 . The mortgage interest deduction is by far the nation's largest housing program. This tax break, the country's third largest, is expected to provide .
http://www.americanprogress.org/issues/2011/01/te_012611.html

Quote:

Originally Posted by 2bindenver Time to end the mortgage interest tax deduction | Reuters Money Feb 8, 2011 . Alan Mallach is a senior fellow at the Center for Community Progress and a visiting scholar at the Federal Reserve Bank of Philadelphia. http://blogs.reuters.com/reuters-money/2011/02/08/time-to-end-the-mortgage-interest-tax-deduction/ Claiming the Mortgage Interest Tax Deduction | Rocket Lawyer Mortgage interest you pay on loans up to $1 million ($500000 Married Filing Separately) is tax deductible, provided you used the money to buy, build or improve . http://www.rocketlawyer.com/article/claiming-the-mortgage-interest-tax-deduction.rl Home Mortgage Interest Tax Deduction | Enemy of Debt: Where ... Mar 3, 2012 . When you own property, the best way to reduce your taxable income is to take advantage of the home mortgage interest tax deduction. http://www.enemyofdebt.com/2012/03/home-mortgage-interest-tax-deduction/

Mortgage Interest Tax Deduction Isn't The Best Way To Help ...
Sep 27, 2011 . It's the third rail of housing economic policy. U.S. Rep. Barney Frank asserted, “ The sun will go away before it does.” And the National .
http://www.forbes.com/sites/zillow/2011/09/27/stimulating-homeownership-the-great-debate/

Despite Critics, Mortgage Interest Deduction Persists - NYTimes.com
Nov 8, 2011 . The mortgage interest deduction survived the overhaul of the tax code in 1986 when interest on credit cards, which had also been deductible, .
http://www.nytimes.com/2011/11/09/your-money/despite-critics-mortgage-interest-deduction-persists.html?pagewanted=all

Ax may fall on tax break for mortgages - TheHill.com
Jun 8, 2010 . Policymakers seeking savings have tried to cap the mortgage interest deduction before — and failed. Five years ago, a bipartisan tax reform .
http://thehill.com/homenews/administration/101883-axe-may-fall-on-tax-break-for-mortgages

Mortgage Interest Deduction Softens Blow as “Tax Day” Approaches ...
Apr 11, 2012 . From Yahoo! Finance: With the April 17 tax-filing deadline right around the corner , the most important tax deduction for tens of millions of .
http://finance.yahoo.com/news/mortgage-interest-deduction-softens-blow-201000623.html

Should the mortgage-interest tax deduction be cut? | Marketplace ...
We take a look at this special tax deduction for home owners and whether it actually does help citizens achieve the American Dream and the consequences of .
http://www.marketplace.org/topics/business/which-way-home/should-mortgage-interest-tax-deduction-be-cut

How Deductible is your mortgage interest?
Updated for 2011 numbers and added state tax field. Congress is still debating whether to reduce the highly prized mortgage interest deduction which every .
http://www.hughchou.org/calc/deduct.php

Mortgage Interest Deduction | Tax deduction for mortgage interest ...
Dec 20, 2010 . It's been around since 1913, but its time may be up. Such a change would generate billions of dollars in federal revenue that could be used to .
http://articles.latimes.com/2010/dec/20/business/la-fi-mortgage-deduction-20101220

Is Your Mortgage Interest Deduction Doomed? - CBS News
Nov 12, 2010 . One of the three tax plans offered up by the co-chairs of President Obama's fiscal deficit commission would end the mortgage interest deduction .
http://www.cbsnews.com/8301-505123_162-41141589/is-your-mortgage-interest-deduction-doomed/

Toll: Eliminating Mortgage Interest Tax Deduction Is 'Selfish ...
Dec 2, 2010 . In a call on Thursday, Toll called it “selfish” to look at getting rid of the mortgage deduction before looking at taxing the income of people who .
http://blogs.wsj.com/developments/2010/12/02/toll-eliminating-mortgage-interest-tax-deduction-is-selfish/

Barney Frank says mortgage interest tax deduction is safe ...
Mar 31, 2011 . Rep. Barney Frank (D-Mass.) said at a House subcommittee hearing Thursday that the mortgage interest tax deduction would be safe.
http://www.housingwire.com/news/barney-frank-says-mortgage-interest-tax-deduction-safe

Income Tax Deductions: Home Mortgage Interest FAQs
FAQs on the home mortgage interest deduction (deductible) for federal income tax...
http://www.mortgagesfinancingandcredit.org/mortgages/income-tax-deductions/interest-faqs2.htm

California realtors Say Cutting Mortgage Interest Tax Deduction Will ...
Nov 12, 2010 . The National Commission on Fiscal Responsibility and Reform, proposed limiting the mortgage interest rate deduction on taxes, one of the .
http://www.irvinehousingblog.com/blog/comments/california-realtors-say-cutting-hmid-will-devastate-nation/

2011 Publication 936
mortgage interest, including points and mort-. Internet IRS.gov gage insurance premiums. It also explains how to report deductible interest on your tax return.
http://www.irs.gov/pub/irs-pdf/p936.pdf

Tax Benefits With Home Mortgae | Buyers Basics | Home Finance
IRS Publication 936 "Home Mortgage Interest Deduction" says, in general, joint tax filers can deduct all the interest on a maximum of $1 million in mortgage .
http://www.realtor.com/home-finance/buyers-basics/tax-benefits-with-home-mortgage.aspx