Still trying to play this out. Does this mean states gradually replace prop tax with sales tax?
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Also, a >much better< idea would be to leave them all in place and just cap max amt. anyone can deduct.
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Many deductions phase out quickly with income, capping the max in effect. Hard to earn $60k & have a ton of deductible expenses.
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Easy workaround: remortgage first home to pay for the second. If the second is rented out, mortgage is deducted as business expense.
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