The mortgage interest tax deduction by itself is enough to refute you. | Hacker News

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		mdorazio on March 13, 2024 \| parent \| context \| favorite \| on: Mass timber is great, but it will not solve the ho... The mortgage interest tax deduction by itself is enough to refute you.

nightski on March 13, 2024 [–]

I'd imagine practically no one actually takes that because the standard deduction is more lucrative. Unless you live in a far above average priced home with a jumbo loan.

kleinsch on March 13, 2024 | [–]

Mortgage interest deduction is capped at $750K of debt, conforming loan limits are $760K+, so doesn't apply to jumbo loans.

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