delaware home equity loan
Letters to the Editor
I'm concerned about the moderately priced housing program being touted in Sussex County as the best plan for "income restricted" ($65,000 or less per year) households in the resort area.
My concern is that many issues surrounding these programs are being ignored. The news stories, and apparently all the state agencies that have reviewed these plans, have focused on how nice it will be for workers in the resort areas to be able to afford to purchase a home close to where they work.
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More delaware home equity loan info
Who's reaping the benefits of tax write-offs?
Federal tax benefits for homeownership are among the heftiest and most popular of any in the Internal Revenue Code: An estimated $81 billion for mortgage interest write-offs, $15 billion for local real estate taxes and another $24 billion for capital gains exclusions this year alone, according to the congressional Joint Committee on Taxation.
But who gets these tax-code goodies? Who gets to write off the most? New research offers intriguing insights into where the billions of dollars in annual mortgage interest and real estate tax deductions flow, state by state, congressional district by congressional district. The research was conducted by the National Association of Home Builders, using the latest comprehensive IRS data available -- tax year 2003.
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