Lansing MI real estate listings and homes for sale, home buying, home selling information – The Laforet Team

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December 2nd, 2010 1:42 PM

Did you know one of the last deductions all American homeowners can take on their income tax returns is the mortgage interest they pay each year?

Well...in an attempt to balance our National Budget and reduce our deficit this may be no longer. "WHAT" ?!?!? you say? That's right, the thousands of dollars you pay in interest on your home will no longer be credited toward your income taxes.

Think this doesn't affect you if you are not a homeowner? Well, someone owns that real estate you're living in. And, if it costs them more to own it, guess where rents will be headed?

So, if you can contact your representative in Congress TODAY to tell them to leave the Mortgage Interest Deduction alone your voice will be heard.

Call 877-333-MIKE for Congressman Mike Rogers Washington office if you're in his district (Lansing and surrounding areas). If not, they can direct you to the proper representative.

Make that call NOW; they're voting on it today and tomorrow.

Kim Laforet
Associate Broker
Coldwell Banker Hubbell BriarWood
**Serving the Greater Lansing Area**
517-706-2555 Office
1-888-412-2555 Fax
kim@kimlaforet.com
www.kimlaforet.com

Posted by The Laforet Team on December 2nd, 2010 1:42 PMPost a Comment (0)

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