The
House tax bill would lower the cutoff from $1 million to $500,000. That is, people with home loans bigger than $500K would not be able to deduct the interest from their income.
Doesn't really affect me. Or does it? Duh duh DAH.
The change doesn't affect current loans, so it doesn't affect me.
My loan isn't over $500,000, so it doesn't affect me.
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