Home Ownership Tax Tips

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Recent Articles

Federal Tax Deductions for Home Renovation
There are a number of ways that you can use home renovations and improvements to minimize your taxes. Read more…

How to Deduct Mortgage Points on Your Tax Return
If you ever decide to take the plunge and buy a home, your mortgage will likely be the largest debt you'll ever take on. And as part of owning a home, you may be faced with fees in terms of mortgage points. However, paying mortgage points can sometimes make good financial sense, and you can often deduct points on your taxes. Read more…

Tax Breaks and Home Ownership
Home ownership brings with it not only many trips to home improvement stores, but also a slew of tax breaks. It's up to you to take full advantage of the write-offs available to you. Here's what you can and can't deduct. Read more…

Home Foreclosure: What's Your Tax Liability?
Through 2017 (and in certain cases 2018), exceptions to federal tax laws allow some homeowners to escape additional tax liability when going through foreclosure. Read more…

Tax Tips for Foreclosures
Understanding the tax ramifications of the foreclosure process can help minimize the financial consequences. There are several possible outcomes of a bank foreclosure, and each will affect your taxes differently. Read more…


More Home Ownership Articles

Can You Claim a Boat or RV as a Primary Residence? Video: Can We File Two Primary Residences if Filing a Joint Tax Return? What are the Tax Implications of Involuntary Conversions? Buying Your First Home Tax Aspects of Home Ownership: Selling a Home How to Avoid Taxes on Canceled Mortgage Debt Home Ownership Tax Deductions How Short Sales and Foreclosures Affect Your Taxes Video: Learn about the First-Time Homebuyer's Credit Homebuyer Tax Credit: 7 Surprising Facts 10 Energy-Related Home Improvements You Can Make Today Energy Tax Credit: Which Home Improvements Qualify? Claiming Property Taxes on Your Tax Return Real Estate Tax Tips for the Owner of Record What is IRS Form 8859: Carryforward of D.C. First-Time Homebuyer Credit Video: Guide to Short Sales, Foreclosures and Your Taxes Video: Tax Tips for Paying Property Taxes Online What Are Personal Property Taxes? Video: Home Repairs and Tax Deductions About Tax Deductions for a Mortgage Are Home Interest Loans Deductible From Taxes? Video: Deducting Mortgage Interest and Property Tax Deducting Mortgage Interest FAQs Buying a Second Home—Tax Tips for Homeowners Home Improvements and Your Taxes 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? Deducting Health Insurance Premiums If You're Self-Employed Video: The 2010 Energy Tax Credit Video: What Are Energy Tax Credits? Video: Federal Tax Credit for Solar Energy What Are Energy Tax Credits? Federal Tax Credit for Solar Energy Video: Federal Tax Deductions for Home Renovation What Is the IRS Form 5405? What Are Home Renovation Tax Credits? Tax Law for Selling Real Estate How to Estimate Property Taxes Paying Property Taxes Online Tax Tips for Short Sales Guide to 1098 Tax Forms Tax Deductions for Rental Property Depreciation Mortgage Refinance Tax Deductions Tax Deductions for Conservation Easements of Property Real Estate Tax Tips: Owning Property as a Tenancy in Common Video: Tax Deductions When Buying or Selling a Home Video: Renting vs Buying a Home: Tax Breaks You Should Know

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