4 Tax Deductions That Are Amazing For Homeowners - News Summed Up

4 Tax Deductions That Are Amazing For Homeowners


The Holy Grail of All Tax Deductions: Mortgage InterestThe most significant tax deduction available for many people is based on the interest paid for their home mortgage. The mortgage tax deduction can be for interest paid on loans for no more than two residences. That doesn’t mean you should completely ignore this often valuable tax deduction for self-employed homeowners. GettyDo Good for the Environment, Get A Tax BreakThere is a slew of tax deductions for making your home more energy-efficient. Keeping good records will make finding your tax deductions easier come tax time.


Source: Forbes March 17, 2020 12:56 UTC



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