Home mortgage interest deduction
id:
home-mortgage-interest-deduction-267-9419838
title:
Home mortgage interest deduction
text:
A home mortgage interest deduction allows taxpayers who own their homes to reduce their taxable income by the amount of interest paid on the loan which is secured by their principal residence. The mortgage deduction makes home purchases more attractive, but contributes to higher house prices. Most developed countries do not allow a deduction for interest on personal loans, but the Netherlands, Switzerland, the United States, Belgium, Denmark, and Ireland allow some form of the deduction.
brand slug:
wiki
category slug:
encyclopedia
description:
Tax deduction on mortgage interest
original url:
https://en.wikipedia.org/wiki/Home_mortgage_interest_deduction
date created:
date modified:
2024-02-19T21:59:39Z
main entity:
{"identifier":"Q1892410","url":"https://www.wikidata.org/entity/Q1892410"}
image:
fields total:
13
integrity:
14