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Home Ownership Tax Incentives Are Being Challenged

Home Ownership Tax Incentives Are Being Challenged

A heated bipartisan debate began earlier this month in the House and Senate over proposed changes to the Federal tax code. While it’s too soon to predict exactly how a revised structure will play out, tax incentives for homeownership are in jeopardy. How will reducing and maybe even eliminating tax benefits for owning a home affect our housing market?