Buying a home and tax breaks
This artcle talks about buying a Home and Tax Breaks?
Yes I said Tax Breaks! Now obviously we are not tax accoutant and therefore can't give you advise on taxes. I suggest you consult with your CPA for details and advise.
But, I can tell you that I have deducted mortgage interest and real estate taxes on my taxes. I have even deducted qualified professional expenses such as:
- mortgage lender / mortgage broker fees
- real estate agent / realtor comissions (when selling)
- CPA / tax preparer fees
I even deduct the interest on my Home Equity Line of Credit (HELOC)....
But please make sure you consult your CPA or tax consultant before basing your home ownership on Tax Breaks.
Lets continue!
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