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re: Tax Reform Discussion Thread

Posted on 11/3/17 at 1:54 pm to
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11824 posts
Posted on 11/3/17 at 1:54 pm to
quote:

So with exemptions gone and student loan deductions/mortgage. It seems the only things to reduce your taxable income will be 401k contributions, HSA, Charitable Donations? Any others?




property taxes up to $10k
mortgage interest up to a $500k house

Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 11/3/17 at 1:58 pm to
As long as that house is the primary residence, I believe.
Posted by OceanMan
Member since Mar 2010
20032 posts
Posted on 11/5/17 at 9:51 am to
quote:

mortgage interest up to a $500k house


$500k loan I believe.
Posted by reb13
Member since May 2010
10905 posts
Posted on 11/7/17 at 6:33 pm to
It's up to a $500k loan right? So all interest on the first $500k of the loan?
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