Home Tax Shelter

Home Sweet Home… Your greatest tax shelter.

Did you know that homeownership can be a great tool for making sure you aren’t paying more than you should in taxes? When it comes to holding on to your money, a little bit of research and information can go a long way. That’s why it is important to have some understanding of how owning a home affects your tax returns.

For my client appreciation program, I am sending you information on some of the tax advantages of home ownership.

1 Write off Mortgage Interest

2 Pay no income taxes on most home sales

3 Home improvements for health reasons are partially deductible

4 Write off interest on home equity loans

5 Home office deductions for qualified owners

6 Moving costs deductible

7 Deduct land lease payments

8 Write off property taxes

Others who have viewed this page also viewed these pages:

• Establish a Credit History - What you can do to increase your chances of being approved for a credit mortgage.
• IRS Tax Lien Appeal.htm - How to file an appeal of an IRS tax lien.
• What is a tax lien? - You should know certain things if you receive a tax lien.

RMCN Credit Services

1611 Wilmeth Road, Suite B

McKinney TX 75069