Don't let confusion or misinformation from others lead to an audit! Mortgage interest is a tax-deductible expense. A home mortgage interest deduction allows taxpayers who own their homes to reduce their taxable income by the amount of interest paid on the loan. For more information, click the link below to read the full article.
Think losing the mortgage interest deduction would be no big deal? We bust seven myths to show why the cost is bigger than you think. Read
Visit houselogic.com for more articles like this.
Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®
Blog article provided by Christina Cavins, a Nationally recognized Realtor with Irongate Inc. Realtors. Christina can be reached via email at ChristinaCavins@aol.com or by cell phone or text message at 1-937-205-4741. For Ohio real estate and homes see Ohio Real Estate.
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