Homes in the upscale US Hamptons area. Buyers are already taking steps to minimise risk from a US government plan to scrap mortgage relief on second homes. Photo: Bloomberg

US government tax plan no worry for property buyers in upscale Hamptons area

The government is considering taking away mortgage-interest deductions for second homes, but buyers are preparing by turning their holiday homes into investment property

Topic |   International Property

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Homes in the upscale US Hamptons area. Buyers are already taking steps to minimise risk from a US government plan to scrap mortgage relief on second homes. Photo: Bloomberg
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