Tax Benefits! While it's true you are no longer going to get a big "bonus" check from Uncle Sam, you will be able to conduct mortgage interest rates and property tax from your annual tx return. It can literally save you hundreds every month! You can also consider another big tax break in terms of capital gains; if you sell your home in the future you can receive up to $250,000 as a single person or $500,000 as a married couple in appreciation tax-free.
This entry hasn't been re-blogged:
Re-Blogged By Re-Blogged At
- Topic: ActiveRain Community
Find what you need?
See More Blog PostsAbout Real Estate! SEE MORE NOW!