Yet, mortgage interest on investment properties are fully deductible as a business expense. I wonder who that benefits most?
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Yeah but I get 15% tax added on because I have a business. Ughhhh
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Oh, I don't know much about that, interesting. My wife does the accounting for our rental property.
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Exactly. Carry on.
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Then you have a bad accountant.
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False. Just because there's a 15% fed self employment tax, doesn't mean accounting is bad.
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Now you’re mixing up issues. Payroll taxes aren’t unique to real estate investment companies - which is what OP was talking about.
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The GOP is really showing lots of love to working Americans.


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Median price home is $254,000. This only affects the 1%
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It’s virtually impossible to buy a home for under $500K in most of California.The interest ded makes it feasible to own.
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Exactly. Hence this only affects the rich.
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I’m not rich and it affects me, as a middle-class American.
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False.
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Did you check where she lives? Did you check the median housing prices there?
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This is a war on liberal cities - these hick commentators must live in the sticks and have no clue about our mortgages.
#Impeach45Thanks. Twitter will use this to make your timeline better. UndoUndo
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A tax increase for millions of Americans and eventually very bad for the housing market..Deplorable...
Thanks. Twitter will use this to make your timeline better. UndoUndo
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How many MIDDLE CLASS have $500,000 mortgage.
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Where do you live? That is cheap in New York, Chicago, L.A., San Fran, San Diego, Dallas, or anywhere where there is civilization.
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