Wednesday, April 12, 2017

Community lenders stress possible negative impact on mortgage interest deduction in tax reform

As the Trump administrations works on hashing out comprehensive tax reform, the Community Home Lenders Association penned a letter to address its serious concerns about the future of the mortgage interest deduction, along with the potential negative impact to it. While the U.S. Treasury secretary said the mortgage interest tax deduction will not be changed earlier this year, nothing is guaranteed when it come to the future of tax reform.

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