Tax Day is April 17, and many Chicago real estate owners are counting on the mortgage interest deduction as a saving grace in these tough economic times. However, some policy makers are waging a war to eliminate the deduction citing it as a tax loophole and a reward for the rich to buy more homes [...]
Source: http://www.chicagolandrealestateforum.com/2012/04/16/mortgage-interest-deduction-faces-opposition/
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