Wanting a home of your own is the dream of almost every grown up. A place to feel secure and safe, a place to raise your family. But do the tax benefits help reduce your tax liability? Here are some guidelines to help you make that decision. If you are a taxpayer and have owned […]
Most homeowners pay an increased monthly mortgage payment because they are adding money into their escrow accounts. By doing this, you expect that your lender will pay them on time, in the year they are due. Once paid, you can then deduct them from your taxes. The IRS stipulates that deductions can only be taken […]
