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Patti4sc, Home Owner in Greenville, SC

HOW TO REAP REALESTATE TAX BREAKS?

Asked by Patti4sc, Greenville, SC Fri Feb 3, 2012

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I recently wrote a blog on home owner tax deductions. See the web link below if you're interested. Often people can deduct; mortgage interest, property taxes, closing points, and PMI. Of course it's all dependent on the rest of your financial and tax picture. So, please consult a tax preparer (like Andy), and don't take my blog as gospel.
Web Reference: http://wp.me/p1dbYY-7n
1 vote Thank Flag Link Fri Feb 3, 2012
Great question and great advice already given....

In addition to being a licensed loan originator, I am a paid tax preparer and I'd be happy to answer some more specific questions that you might have.

Taxes and mortgages are a lot similar in the sense that they are unique to each individual's circumstances which is why you want to inquire more specifically. Did you have a particular topic in mind?

With that being said, there are many tax advantages available to the individual that may or may not be available to the Investor.

http://www.irs.gov is a great way to research the topic as well.....go straight to the horses mouth, so to speak.
0 votes Thank Flag Link Fri Feb 3, 2012
When it comes to any tax issues, it's always best to consult with your tax professional, and or, tax attorney....
0 votes Thank Flag Link Fri Feb 3, 2012
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