Unlike the middle-class wealthy people know that the tax deduction on a mortgage is only a deduction not elimination. Middle-class people are conditioned to view the mortgage tax deduction as a value so they remain saddled with mortgage debt in order to keep the deduction. The word “mortgage” in Latin means “till death.” Most middle-class people die before they pay off their mortgage. Therefore, it is wise learn how to eliminate mortgage debt quickly so that you can live free.
