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equity home loan no

several lawmakers have already declared their opposition equity home loan no access to capital markets make them much better positioned than their small and midsize counterparts to acquire expensive parcels and then pay the associated costs of development. That most sacred of tax breaks, the mortgage interest deduction that has helped millions buy homes, could vanish if President Bush and Congress follow the recommendations of his tax advisory board. The current equity home loan no break lets homeowners deduct interest paid during the year on a mortgage up to $1 million and a home equity loan worth up to $100,000. Homeowners also benefit from breaks that let taxpayers deduct state and local property taxes from the federal bill. Sheila Crowley, president of the National Low Income Housing Coalition, said it's time policymakers rethink a housing subsidy for people equity home loan no don't need it. Clint Stretch, equity home loan no of tax policy for Deloitte Tax, calculated that housing gets more expensive, for example, for a family carrying a $500,000 mortgage and earning income in the 25 percent tax bracket. The proposal would take away $4,400 of the tax benefit. Stretch said the shock might be as


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