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monkey_of_the_dude t1_jacr6ci wrote

Reply to comment by TheMansterMD in Do I save money on taxes by owning a home by Accomplished-Can-912

Mortgage interest isn't SALT, but it does have different rules that can limit it depending on when the mortgage was incurred and how much the mortgage is for. You would be able to deduct all of the interest on a $450k ( $360k with the 20% down) mortgage.

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TheMansterMD t1_jacsf74 wrote

So, save 8 to 10k in taxes, after paying 23k in interest

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