The financial implications of owning a home go beyond just pride of ownership, as it can offer potential tax benefits. In the U.S., owning a home can lead to significant tax benefits, which might include deductions for mortgage interest, property taxes and home sale exclusion, among others. A financial advisor can help you determine how […] The post Tax Benefits of Owning a Home appeared first on SmartReads by SmartAsset.
Like many taxpayers, you might struggle with this choice every tax season: take the standard deduction vs. itemized deductions. We explain the differences and help you decide.
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The Trump administration introduced a series of tax cuts that had far-reaching implications for various sectors of the economy, including the housing market. As we approach the expiration of some of.