This is the eBook version of the printed book. This Element is an excerpt from The Truth About Paying Fewer Taxes (9780137153862) by S. Kay Bell. Available in print and digital formats. All you need to know about Americaas #1 tax deduction: the home mortgage interest deduction. For most of us, our home is our biggest investment. It also provides some of our biggest tax breaks. If you have a mortgage, the pain of that monthly payment is eased each filing season when you realize just how much tax-deductible interest youave paid. Generally, home mortgage interest is any interest you pay on a loan secured by your home. This is typically....Interest on home acquisition debtathata#39;s taxspeak for the loan (the first mortgage ) to buy your houseais deductible as ... homerelated debt, usually in the form of home equity loans or home equity lines of credit, also might be deductible, butanbsp;...
Title | : | The Truth About Taxes and Your Home |
Author | : | S. Kay Bell |
Publisher | : | Pearson Education - 2010-07-14 |
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