Deducting Interest on Your Second Mortgage
You can deduct mortgage interest on a second home, providing it constitutes a qualified home per IRS guidelines.
Kiplinger5d
SALT Deduction: Three Things to Know Now Given the Election
The state and local tax deduction (SALT) is getting attention lately. That's partly because Republican presidential nominee Donald Trump just floated the surprising idea (supported by some Democrats ...
The Real Deal3d
The Daily Dirt: Trump, who dumped SALT deduction, pledges to restore it
In his pledge on Truth Social, he neglected to mention which president capped the federal tax deduction for state and local ...
In closely watched House race, candidates spar over Trump’s new line on SALT deduction
Rep. Tom Kean and Sue Altman traded barbs over a $10,000 cap on state and local tax deductions due to expire in 2026.