Home Ownership

My Largest Financial Blunder

Retirebyforty posted an article on financial setbacks, which got my gears turning on a major financial blunder I had about 5 years ago. I had several co-workers who were older than me who invested in real estate. They made it sound like it was easy money, and I wanted to …

mortgage interest deduction distribution

The Fallacy of the Home Mortgage Interest Deduction

The home mortgage interest deduction is seen as a sacred cow in our tax code. Proponents insist that to get rid of it would substantially reduce home purchases and put downward pressure on prices. Who are the major proponents of this $70 billion a year tax expenditure? Realtors, Builders, and …