Frequently Asked Questions (FAQs)
What are the tax
advantages to owning a home?
Huge.
If you have an interest only loan you can
write off all of your loan payments. If you
have a principle and interest loan, you can
write off the interest portion of your
payment. You can also write off all of the
property taxes you pay. You may also write
off any interest and tax payments made on
one additional piece of real estate (up to
four units). |