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To: TimF who wrote (36346)5/1/2014 7:43:20 PM
From: i-node  Respond to of 42652
 
>> Sure they do. Not directly but the mortgage interest deduction is available for rental properties.

It is a good point; the mortgage interest deduction is effectively passed through to renters in the form of reduced rents, which the market can provide when there are tax deductions for the landlords.



To: TimF who wrote (36346)5/1/2014 9:18:13 PM
From: J_F_Shepard  Read Replies (2) | Respond to of 42652
 
2 - renters don't get that break

Sure they do. Not directly but the mortgage interest deduction is available for rental properties.


The renters don't get the break, the business, ie the landlord does....



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