[deltoidmaximus]

I own a modest house that I bought close to 20 years ago before the standard deduction changes. The first year the calculated tax savings from itemizing was a whopping $800. This went down every year and at year 7-8 it no longer made sense to itemize. Interest rates are higher now but the standard deduction is way higher now as well. This strikes me as something that was a big deal in the very high interest rate 80s and has then been parroted as a huge benefit for decades after is largely ceased being true.