Don’t let Congress take away your Home Interest Deductions!
Right now, there is a discussion going on in Congress that could have a huge impact on your home and your wallet.
How? Congress is considering eliminating income tax deductions for our homes.
If some lawmakers in Congress have it their way, we could see big changes not only to federal income tax deductions for mortgage interest and property taxes, but also a change to the homeowner’s capital gains exemption. What that means is that current and future homeowners would pay more taxes every year!
In these tough times, we can’t afford to lose important deductions. By signing our petition and sending a letter to your representative, you can tell Congress to keep our home interest deductions intact.
The National Association of REALTORS®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members, including NAR's institutes, societies and councils, involved in all aspects of the residential and commercial real estate industries.
We are working every day to protect the value of your home and keep the American dream of homeownership alive for future generations.