What Are The Tax Benefits of Buying A Home?

What Are The Tax Benefits of Buying A Home?

One of the biggest benefits of owning a home is the number or tax benefits that you can receive.  As a homeowner, you can deduct your mortgage interest and property tax payments from your taxable income, even though the increase of home value can be as much as of that of a return on investment or stock dividends. Homeowners can also exclude the capital gains they receive from selling their home.  These are especially lucrative for those in a higher tax bracket.

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