Tax Breaks for Homeowners and Renters
Buying and selling a home can have a significant impact on your tax situation, including what and how much you can deduct on your income taxes. While certain tax breaks are only available to homeowners, renters too, may be eligible for home-related deductions. Here’s a look at a few common expenses that the IRS allows you to deduct when you own (and in some cases, rent) your home.
More tax breaks As published in Freddie Mac Blog
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