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Home Ownership Tax Tips

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Recent Articles

Tax Aspects of Home Ownership: Selling a Home
Though most home-sale profit is now tax-free, there are still steps you can take to maximize the tax benefits of selling your home. Learn how to figure your gain, factoring in your basis, home improvements and more. Read more…

What Is the IRS Form 5405?
Note: The content of this article applies only to taxes prepared for 2010. It is included here for reference only. To claim the new homebuyers tax credit, you will need to file IRS Form 5405. Here are the details. Read more…

Energy Tax Credit: Which Home Improvements Qualify?
Taxpayers who upgrade their homes to make use of renewable energy may be eligible for a tax credit to offset some of the costs. As of the 2018 tax year, the federal government offers the Nonbusiness Energy Property Credit. The credits are good through 2019 and then are reduced each year through the end of 2021. Claim the credits by filing Form 5695 with your tax return. Read more…

Video: Home Repairs and Tax Deductions
You can claim tax deductions on certain types of repairs you make to your home throughout the year. Learn about home repairs and tax deductions with help from TurboTax in this video clip. Read more…

Video: Tax Deductions When Buying or Selling a Home
Learn seven great tax deductions you may be able to use if you’ve bought or sold a home this year. Owning a home means you may be elgible for deductions and credits for origination fees, mortgage interest, property taxes, and more. Read more…

More Home Ownership Articles

Video: Can We File Two Primary Residences if Filing a Joint Tax Return? Video: Guide to Short Sales, Foreclosures and Your Taxes About Tax Deductions for a Mortgage Mortgage Refinance Tax Deductions Real Estate Tax Tips for the Owner of Record What are the Tax Implications of Involuntary Conversions? How to Deduct Mortgage Points on Your Tax Return What Are Personal Property Taxes? Buying Your First Home What Are Energy Tax Credits? Paying Property Taxes Online Real Estate Tax Tips: Owning Property as a Tenancy in Common Tax Tips for Foreclosures Home Ownership Tax Deductions How to Estimate Property Taxes Video: What Are Energy Tax Credits? Tax Breaks and Home Ownership Home Foreclosure: What's Your Tax Liability? Home Improvements and Your Taxes Federal Tax Deductions for Home Renovation Tax Law for Selling Real Estate Tax Deductions for Rental Property Depreciation Guide to 1098 Tax Forms Tax Tips for Short Sales What Are Home Renovation Tax Credits? Tax Deductions for Conservation Easements of Property How to Avoid Taxes on Canceled Mortgage Debt Federal Tax Credit for Solar Energy Are Home Interest Loans Deductible From Taxes? Video: Renting vs Buying a Home: Tax Breaks You Should Know Claiming Property Taxes on Your Tax Return Deducting Health Insurance Premiums If You're Self-Employed Buying a Second Home—Tax Tips for Homeowners What is IRS Form 8859: Carryforward of D.C. First-Time Homebuyer Credit Video: Deducting Mortgage Interest and Property Tax Deducting Mortgage Interest FAQs Video: Tax Tips for Paying Property Taxes Online How Short Sales and Foreclosures Affect Your Taxes Can You Claim a Boat or RV as a Primary Residence? Video: Learn about the First-Time Homebuyer's Credit Homebuyer Tax Credit: 7 Surprising Facts 10 Energy-Related Home Improvements You Can Make Today Taking the First-Time Homebuyer Credit Conserve Energy, Save Money with Larger Credits Unmarried First-Time Homebuyers: Who Gets the Credit for a 2010 Purchase? Video: The 2010 Energy Tax Credit Video: Federal Tax Credit for Solar Energy Video: Federal Tax Deductions for Home Renovation
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