Tax Tips for Homeowners
You may already know that you can deduct the mortgage interest you pay on your home, but what other tax advantages are lurking in that house?
One of the biggest challenges of owning a home is dealing with the tax laws, especially those around points and cost basis. Just a little bit of knowledge can really clear up these frequently confusing terms. Hereâs the scoop on mortgage basis points and how theyâre used in your home's value, cost basis, and tax