Welcome Home

Saturday, January 21, 2006

Tax Time and your Real Estate

What is deductible when it comes to my personal home?
Buyers: Interest paid on mortgage
Real Estate Taxes paid
Loan origination fees

Sellers: Interest Paid on loan up until date of payoff
Real Estate Taxes paid up until date of settlement

For more detailed information on your property and taxes, look through the IRS website.

1 Comments:

Post a Comment

Subscribe to Post Comments [Atom]



<< Home