I do not mention it. I answer if buyers ask. As far as the deduction, it has always faced an attack from the left. I do hope Trump knows how much it means to those who take advantage of it. The last 8 years have seen an all out assault on those who work hard, buy a home, build businesses and that is about to change

Like the second amendment and California's Prop 13, MID is always under fire.  I don't discuss politics with clients and would never ask them to call/write/email on an issue.  To say I couldn't care less about what NAR says implies that I actually care about what they say and that would be WRONG!

Yes I have in the past done this with a monthly newsletter. I think it is a good thing & might not be on homeowners radar.

They've been trying for years to kill that deduction.

NAR is just a bunch of blowhards. If they really were worried about it they would do more.

Albert Clark The Mortgage Interest Deduction has always been a big target. I wouldn't upset my clients until I knew it was a done deal.

I participate in NAR calls to action when appropriate.  I would never ask my clients to be engaged in the process.

I mention it to first time buyers to look into but no discussion about taking any action. It's been a debate for years now

I would defer to a CPA. This conversation is time tested. 

that's a topic for an accountant.... I was always very careful about crossing the line with accounting and/or legal issues.... one hat...real estate....

I mention the Mortgage Interest Deduction to clients as part of the homeownership process but I don't feel it's my place to suggest any legislative action unless they ask.  

 I might post a link or article on my social media sites.  But I won't encourage my clients to mail, call, or email.

If it comes up, have something to say. If not, customer serve

I would definitely participate in a call-to-action regarding saving the MID.

Would not discuss it in terms of "action". I think it will stay.

I wouldn't get ahead of it but also Fannie and Freddie are targets of the Republican House so real estate will be under attack.

Do not mention it except to first time home buyers.

This question should be directed to their accountant.

I refer my clients to their tax professional to maximize their returns. I am not qualified....

I don't do that, but it's not a bad idea.  I think eliminating the mortgage deduction is a bad idea.  

Why would I mention it in marketing?  Interest is only deductible if it meets the conditions in the Income Tax Act, its Regulations and relevant court cases.  They should talk to their tax advisor about such matters.

I do encourage them to 'fire off an emal, letter and phone call' to their representatives to have OBAMACARE classified as a TAX on the citizen and applied as a paid tax.

I would not bring up this topic. We hear the same talk every year.

I am all for the NAR to fight it!  I still would mention it.

The MID has always been a target, and hope our lobbyists keep it intact!  

Albert,

I have not fond of talking about things that could happen.  A

Income Taxes are for the accountants! Some people get no real benefit from the interest deduction!

Thanks

It is a big deal, but I would hope the client's tax person has already discussed it with them.  I am more apt to advise clients to appeal their tax valuations.

I have them speak with their accountant regarding anything tax related

To answer you question though - No I would/will not

I don't discuss tax issues with my clients. And at this stage we simply don't know enough to really talk about anything regarding mid.

Frank Rubi nailed this one!

I don't market it but, if they are first time home buyers, yes.  This has been under fire for a very long time - years, in fact. 

It is good for people to be aware of what the folks in Washington are up to and how it will affect them.

I mention it to my clients but many don't have enough other deductions to use it and file the long form. 

Albert Clark - always - with my buyers. Specially first time home buyers.