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MID

MIDs on Second Homes May End in California

By Bethany Erickson | January 11, 2020 | 0 Comments

Property owners in California — especially those who own second homes there — may find themselves paying more in income taxes if a bill designed to end the mortgage interest deduction on vacation homes passes the state assembly. The bill, which was introduced by Assemblymember David Chiu (D-Francisco), would eliminate the MID on second homes […]

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