Submitted by LoveThisUsername t3_122tf1p in personalfinance
people40 t1_jdsu6q7 wrote
Reply to comment by 123456478965413846 in Cash buy vs mortgage and invest by LoveThisUsername
Slight correction - it's deductible for the first 750k of indebtedness, not home value: https://www.irs.gov/publications/p936
123456478965413846 t1_jdsudnm wrote
Yes, it is 750k in loan not 750k in house. That was a stupid mistake on my part, I totally phrased it wrong.
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