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Subject:  Re: Do you have a rational home equity policy? Date:  1/26/2005  11:31 PM
Author:  iamdb Number:  44212 of 95571


I didn't understand your post, specifically, "haven't refi-ed beyond the $100K limit for tax deductibility." Are you implying that interest is deductible for tax purposes only on RE loans of $100K or less? Such a limitation would make interest on most RE loans on properties on the east and west coasts non-deductible. Of course, high property values tend to be in blue counties, so that might be a way for GWB to raise taxes without political bite.

Montecito, CA
A blue town with very high RE prices
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