Call to Action: Oppose AB 1932
Did you know that current California law allows you to deduct your mortgage interest on a loan up to $1M? (Regardless if it’s your first or second home!) AB 1932 (WARD) would ban you from deducting the interest on your second mortgage regardless if the total is still under $1M! Regardless if the second property is an ADU, home for an aging loved one, or a smaller residence near the city for commuters, a condo, or mobile home, that deduction would be eliminated!
Please contact members of the State Assembly Appropriations Committee to oppose this bill.
Contact Assembly Member Kate A. Sanchez (Vice Chair)
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