The Annoying "mortgage interest" write off
Mar 31, 2011 . This is a direct $1 for $1 write off. Great. Too bad mortgage interest is not a credit, it is a deduction. This means it only reduces your taxable .
http://www.biggerpockets.com/forums/52/topics/62054-the-annoying-mortgage-interest-write-off

Homeowner mortgage write-offs - Los Angeles Times
Aug 14, 2011 . If you take mortgage interest tax deductions, the next 100 days could have significant . Homeowner mortgage write-off may be in jeopardy .
http://articles.latimes.com/2011/aug/14/business/la-fi-harney-20110814

Reason Foundation - Time to Write Off the Mortgage Interest ...
Feb 18, 2011 . The President's budget proposal for 2012 landed with a thud at the doorstep of Congress this week. The spending package actually assumes .
http://reason.org/news/show/time-to-end-mortgage-interest-deduc

Calculator for true value of mortgage interest write-off ...
Does anyone know what the formula is for calculating the true value of writing off one's interest? I have some friends who are seriously thinking .
http://piggington.com/calculator_for_true_value_of_mortgage_interest_write_off

Mortgage interest tax deduction: safe until after 2012 election ...
Sep 13, 2011 . Severe cutbacks or elimination of longtime tax preferences as the mortgage interest deduction and local real estate write-offs were on some of .
http://www.inman.com/buyers-sellers/columnists/kenharney/mortgage-interest-tax-deduction-safe-until-after-2012-election

How to Write Off Mortgage Interest | eHow.com
The interest on your home mortgage can be written off your federal taxes and save you thousands of dollars every year. However, to deduct it, you must use the .
http://www.ehow.com/how_6688872_write-off-mortgage-interest.html

An interest-ing investment deduction
Now, the only remaining interest write-offs are for amounts paid on mortgage, student and investment loans. While millions still claim the mortgage-interest .
http://www.bankrate.com/finance/money-guides/an-interest-ing-investment-deduction-1.aspx

Is It Time to Kill the Mortgage Interest Tax Deduction? - DailyFinance
Apr 20, 2011 . No more taxes and don't mess with the interest on the mortgages. Better yet, allow credit card debt to be written off as well. It is income for the .
http://www.dailyfinance.com/2011/04/20/eliminate-mortgage-interest-tax-deduction/

Real Estate: Will Mortgage Interest Write-Offs Be Reduced? : Real ...
Sep 8, 2009 . The Congressional Budget Office has come out with a report showing 66 ways to raise money for the federal government. This sounds like dull .
http://www.ourbroker.com/news/real-estate-will-mortgage-interest-write-offs-be-reduced/

How to Write Home Mortgage Interest Off of Taxes | Home Guides ...
The U.S. federal government, through its Internal Revenue Service, is supportive of home ownership and encourages it through various tax incentives. One of .
http://homeguides.sfgate.com/write-home-mortgage-interest-off-taxes-2019.html

Homeowners' Tax Help
Homeowners can claim a slew of write-offs to lower their tax bills -- as long as they itemize. There are deductions for mortgage interest, mortgage points and .
http://www.kiplinger.com/features/archives/2005/01/taxguide2.html

Tax Write Offs for Homeowners - Budgeting Money
So if you're thinking of taking out an equity mortgage to purchase a new Porsche, you probably won't be able to write the interest for that one off.
http://budgeting.thenest.com/tax-write-offs-homeowners-3360.html

Quote:

Originally Posted by 2bindenver Top 10 Real Estate Tax Write-Offs | Wise Bread Mar 10, 2010 . Even homeowners can write off mortgage interest, so this deduction is widely known and understood, but mortgage interest can add up to many . http://www.wisebread.com/top-10-real-estate-tax-write-offs Housing Market: Mortgage Interest Deduction (MID) Won't Be ... Feb 22, 2011 . The new Obama administration budget calls for stemming the benefit homeowners get by writing off interest on mortgages. Specifically, the . http://www.minyanville.com/businessmarkets/articles/mortgage-mortgage-interest-deduction-real-estate/2/22/2011/id/32920 Does debt deal put mortgage-interest deduction in play? | McClatchy Aug 2, 2011 . The mortgage interest deduction, which allows 35 million homeowners to write off their mortgage interest payments, may be in for serious . http://www.mcclatchydc.com/2011/08/02/119190/does-debt-deal-put-mortgage-interest.html

Mortgage Interest Deduction | Deficit reduction could hit homeowner ...
Feb 27, 2011 . Deficit reduction could hit homeowner write-offs. Mortgage interest deductions, capital gains exclusions and other tax benefits could be targeted .
http://articles.latimes.com/2011/feb/27/business/la-fi-harney-20110227

The Myth of the Middle Class Mortgage Deduction - Reason.com
Aug 5, 2011 . The mortgage interest deduction no longer primarily benefits the middle . Letting everybody write off all their interest = tax cut = right direction.
http://reason.com/archives/2011/08/05/the-myth-of-the-middle-class

Survey: Mortgage interest deduction wins out over lower tax rates ...
Jan 11, 2012 . The mortgage interest deduction is sacred and a majority of likely . or eliminating tax deductions, including the mortgage interest write-off, .
http://thehill.com/blogs/on-the-money/1091-housing/203691-survey-mortgage-interest-deduction-more-important-than-tax-reform

Realty Times - Washington Report: Mortgage Interest Write-Off
Mar 2, 2009 . Last week the Obama administration proposed the first significant cutback in years for the mortgage interest deduction. In his budget outline, the .
http://realtytimes.com/rtpages/20090302_washingtonreport.htm

Home mortgage interest deduction - Wikipedia, the free encyclopedia
A home mortgage interest deduction allows taxpayers who own their homes to reduce their taxable income by the amount of interest paid on the loan which is .
http://en.wikipedia.org/wiki/Home_mortgage_interest_deduction

Mortgage Interest Tax Deduction on Rental Property » My Money Blog
Jun 22, 2009 . In addition to the mortgage interest, I believe you can write off the depreciation of the house as well over 27.5 years. So if you have a 275K .
http://www.mymoneyblog.com/mortgage-interest-tax-deduction-on-rental-property.html

A Primer on Homeowner Tax Breaks - SmartMoney.com
Feb 6, 2012 . Many folks are in this situation until home ownership triggers deductions for mortgage interest and property taxes. Those write-offs -- when .
http://www.smartmoney.com/taxes/income/a-primer-on-homeowner-tax-breaks-14327/

Early year-end mortgage payment could cut taxes - MSN Real Estate
A little year-end attention to your mortgage could lower your upcoming IRS bill. . Tax law generally prohibits write-offs for prepaid interest (there is an exception .
http://realestate.msn.com/article.aspx?cp-documentid=16103998

How to Adjust Tax Exemptions for Mortgage Interest | Small ...
One of the advantages of owning your own home is that you can write off the mortgage interest you pay. When you go from being a renter to a homeowner, you .
http://smallbusiness.chron.com/adjust-tax-exemptions-mortgage-interest-20491.html

Write-Offs to Remembers - cfmortgagecville.com
Write-offs. They're the government's way of rewarding you when you've done . you paid either a hefty or a tiny amount of pro-rated mortgage interest for that .
http://www.cfmortgagecville.com/about/articles/write-offs-to-remember.html

Mortgage Interest Tax Break No Longer Sacred? : NPR
Feb 12, 2011 . More economists are calling for an end to the mortgage interest tax . Also, they say it favors wealthier people who can write off loans on their .
http://www.npr.org/2011/02/12/133692504/mortgage-interest-tax-break-no-longer-sacred

Early year-end mortgage payment could cut taxes - MSN Real Estate
A little year-end attention to your mortgage could lower your upcoming IRS bill. . Tax law generally prohibits write-offs for prepaid interest (there is an exception .
http://realestate.msn.com/article.aspx?cp-documentid=16103998

How to Adjust Tax Exemptions for Mortgage Interest | Small ...
One of the advantages of owning your own home is that you can write off the mortgage interest you pay. When you go from being a renter to a homeowner, you .
http://smallbusiness.chron.com/adjust-tax-exemptions-mortgage-interest-20491.html

Write-Offs to Remembers - cfmortgagecville.com
Write-offs. They're the government's way of rewarding you when you've done . you paid either a hefty or a tiny amount of pro-rated mortgage interest for that .
http://www.cfmortgagecville.com/about/articles/write-offs-to-remember.html

Mortgage interest tax deduction a debt talk target? - Political ...
Jul 29, 2011 . Trimming the mortgage interest tax deduction has become an issue in . which lets homeowners write off a portion of their monthly mortgage .
http://www.washingtonpost.com/blogs/political-economy/post/mortgage-interest-tax-deduction-a-debt-talk-target/2011/07/29/gIQAppIAhI_blog.html