The second-home mortgage interest deduction lets homeowners deduct interest on up to $750,000 of mortgage debt, even for vacation properties. But now lawmakers are debating whether to change or repeal it. Learn what this tax break means, why it’s under fire, and how potential changes could affect homeowners and the housing market.

President Trump is pushing a bold new tax plan: no more capital gains taxes when you sell your primary home. The proposed No Tax on Home Sales Act could let homeowners keep 100% of their profits—no matter how large. In this post, we break down what the plan includes, who it helps, and how it could impact the housing market and your wallet.