Filing taxes is never what most rational folks would call “fun,” but if you own a home, the onerous process may at least lead to a nice bit of delayed gratification down the road. Because if you have ...
This tax season, one of housing’s biggest breaks looks more lopsided than ever—and the second-home piece is drawing new scrutiny.
Buying mortgage points can help you save on interest over the life of your loan, but Internal Revenue Service rules are strict about when and how you can deduct them. Understanding property type, loan ...
Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. Starting in tax year 2025, taxpayers will be able to deduct up to ...
No tax deduction is more misunderstood than the mortgage interest tax deduction. By law, taxpayers can deduct interest paid on their mortgage, but most middle-class taxpayers save little or nothing at ...
As a homeowner, you know that your taxes can get complex. Now, with the One Big Beautiful Bill Act (OBBBA) signed into law, you may be wondering what changes you ...