Are property tax payments and mortgage interest payments tax deductible? Also are there any other tax benefits?
What tax credits are there for homeowners?
Property taxes and mortgage interest payments are tax deductible. If you have an office in your house that meets the federal requirements (discuss with your accountant), you can figure out the square footage of the office compared with the total square footage of the home and you can take that percentage of the cost of utilities, repairs, etc. off your taxes.
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