The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (31584)	5/19/2005 2:54:42 PM
From: bentway	Read Replies (1) of 306849

"..current law allows taxpayers to deduct interest on up to $1 million of debt that they have incurred to buy, build or improve first or second homes." I've never understood the "second home" part. I would guess it's in there because congresspeople need two homes, and have convinced themselves it's normal.

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