It's been in discussion for years and I don't think it is immediately in jeopardy but time will tell. I think it would have a big impact on the housing market if taken away

In jeopardy, yes, but not in the immediate or near term future.  Home ownership needs a revival for our economy to work as it should - - killing the deduction would put a huge dent in that revival

I think nothing is off the table.

Yes, they have been trying to whittle that away for 15 years now. I'm afraid that it might get closer & closer to happening with the deficit rising. 

What's the benefit of owning a home then? 

Dorie,

That subject comes up constantly, and so far nothing has happened.  A

oh, it better not be.... trump has plenty of property.... he's not going to hurt any real estate deductions....

Great question Dorie Dillard I will wait and read all the answers.

Only for tax payers that make less than 1 million per year.

Good question Dorie! If they get rid of it, the incentive to purchase for some will go along with it but so far it has been just talk.

I am wondering what is off the table. I would trade that for affordable health care I think. Sorry, I'm paying bills right now so it's a bad thing to think about...

It would be a major change to eliminate the MID. I don't think is on the agenda. We have NAR as the number one lobbying group in DC. And MID is probably the most popular deduction in the country. It would take a lot to eliminate this.

I don't think so...However, when the tax laws change, it dominoes quite a bit

More than ever with the current Congress and no one in executive who would go against it. 

I certainly hope not.

I dont think so, but then again I dont know if I can accurately predict anything that will happen.

Taxpayers can only deduct mortgage interest in very specific situations in our great nation.  I have not seen anything that there are any plans to change the rules on this issue at this point.

I agree with Lyn Sims 

I sure hope not.

Not at this time. Perception will not allow it!

I don't... I think it would be political suicide to get rid of it.

not at this time

No idea.

I do not believe it is in any jeopardy. The government likes to induce investment, and this deduction is a very strong inducement

Dorie Dillard It seems to be in jeopardy every year. Let's see what the next tax over haul brings.

Probably going to go away.

I don't think so - at least not for a very long time

Yes.

Jeff Dowler nailed this one!

Dorie Dillard - I do not believe it is easy to take it off! 

It seems to always be in discussion but do not think it is in serious consideration anytime soon.

I don't, but I wouldn't mind if we went to a flat tax and got rid of all deductions.

I expect to see some kind of modification

It's been "on the block" for years, but I think we are safe for now.

I agree with John Meussner - but, then, who knows?  Seems like things are changing pretty quickly these days! 

It would jeopardize more to rid it.

I don't think it will be at the top of the pile ... 

   This will be the very last sacred cow to be killed.  It's not going anywhere, for now.

I don't think so, for the near future. However, I think everything is on the table with Trump, so you never know. It would hurt the RE Market, as the  incentive to own would be less.

It always seems to come up when time to cut, but means alot to the middle class. 

I do not.  If it does, it will definitely impact the market (stock and real estate) and my taxes!

soon.....

It's a pretty sacred cow, so I doubt it.  

Nothing is up yet ?