Quote:
Originally Posted by FCobra94
You guys keep mentioning "tax writeoff" when it comes to interest. Are you really at a point where the standard deduction is that far behind when itemizing instead?
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I benefitted from the higher standard deduction and no longer itemize. Helps to live somewhere that has no state income tax. Also, even with mortgages and property taxes on 2 properties and a HELOC I don’t have enough property taxes and interest to exceed the $24K standard deduction.