[Biggd]

Originally Posted by fatlazyless

With the loss of the plus ten thousand dollar/year federal income tax deduction, won't it mean paying more annually and owning a less valuable home for the high end, big money, waterfront cabins?

Yearly expense will go up, up, up ...... and the value will go down, down, down .... because the fed is no more your real estate best buddy ..... that friendly fed .... what happened ...... where u go .... boo-hoo?

You're really stuck on this 10K tax write off limit. I doubt that will make a difference at all in the value of waterfront homes. If the economy stays healthy rich people will still buy them.