As details of the President's recently submitted budget now begin to leak out, we once agin find that property owners are on the hit list. The budget supposedly calls for the elimination of the mortgage interest deduction for homeowner's who make over $200,000 a year (single) and $250,000 (joint). I always thought government's role was to encourage and increase home ownership due to the benefits derived. When individuals can own their own home the community benefits with safer neighborhoods, … [Read more...]