Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Who has a mortgage without interest payments?


I think in the US the interest is deductible.


A very small portion of people in the US benefit from the mortgage interest tax deduction ever since the standard deduction was greatly increased. You have to itemize (forego the standard deduction) in order to take advantage, and only 13% of tax filers itemize on their taxes in the US.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: