Robin Loves a Tax Story got me thinking. I don't recall ever having heard or read a politician, policy analyst, or pundit who has considered the mortgage interest deduction from the following perspective: that it’s a necessary evil which helps to level the playing field between working families and real estate investors. What do you guys think?
Maybe the housing crisis warrants a modest proposal. Let’s allow families who get 100% of their household income from W2 wages to treat their primary residence as a rental business to themselves, and define that as being active for tax purposes, with no limitation on the recognition of losses.
Andrew Higley
Atlanta, Georgia
July 3, 2025