Income Tax Benefits of Home Ownership

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Buying a Home - What’s Deductible?

   What are Points?

   Deducting Points when Buying a Home

   Deducting Seller Paid Points

   Deducting Points on Second Homes

   If You Make Too Much Money…

   Other Deductible Closing Costs

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Owning a Home - What's Deductible?

   Your Biggest Deduction – Interest

   Home Acquisition Debt (an IRS Term)

   Home Equity Debt (another IRS Term)

   Deducting Points When Refinancing

   Deducting Property Taxes

   Impound Accounts

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