May 19, 2013 | Updated 11:35am

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The Nation’s Housing

Bonuses For Housing In Cliff Deal, But For How Long?

Tax Reform May Wipe Out Savings And Write-Offs, So Enjoy It While It Lasts


By Kenneth R. Harney

Washington Post Columnist

Although it wasn’t a total win for homeowners and sellers, the patchwork legislation that emerged from the “fiscal cliff” fracas on Capitol Hill came pretty close. In fact, it even reached back and resuscitated two key tax benefits for housing that had expired more than a year ago. Now homeowners will be able to take deductions on their upcoming 2012 tax returns that they assumed were no longer available.

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