Monday, March 11, 2013

WABA urges members to call on mortgage, property deductions

The Wichita Area Builders Association is calling on its members to immediately urge their lawmakers to preserve the mortgage interest and property tax deductions.The memo to members from WABA's legislative committee says it's critical to preserve the deductions for current and future homeowners and says the still-recovering housing industry would be hurt if the deductions were eliminated.Gov. Sam Brownback has proposed eliminating both to raise revenue and offset income tax revenue reductions.The…

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

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