Brian’s Tax Musings – Limits on the mortgage interest

Just a reminder; the maximum amount of mortgage you can deduct interest on is $1,100,000.   The IRS tends to target interest deductions  of more than $50,000, so be prepared to prove your interest deduction if it is that much.

Any questions, call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net and we can discuss.


Remember, You can count on us to count for you!  

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