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No more Tax Benefit !!!

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No more Tax Benefit !!!

Last updated: August 12 2009
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  • No more Tax Benefit !!!

    I believe that there is new Tax Structure. And in this they are talking to removing the TAX benefit for home loan. So people who are planning to buy a house to just saving tax can get away from this RE market.
    Either land or AIR and FOOD. Choice is yours.
  • #2

    #2

    Re : No more Tax Benefit !!!

    Originally posted by arin_12 View Post
    I believe that there is new Tax Structure. And in this they are talking to removing the TAX benefit for home loan. So people who are planning to buy a house to just saving tax can get away from this RE market.
    If tax-benefit is removed and tax-reduced that it would be great think.
    It should remove speculator/investors (2nd or Nth home buyers who get a hitch to buy house every 5 years just to save tax) from the mkt.

    It would also simplify tax-return filling and greatly reduce everybody's paper-work.

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