Expert Announces Tax Breaks/Deductions for Homeowners in 2015
Frank Ellis, a Traverse City tax expert and published author, now offers information for homeowners regarding tax breaks and deductions for 2015. The article on the American Tax Service website looks at 10 tax breaks for Americans who purchase homes. It reveals mortgage interest up to $1.1 million can usually be written off, for primary and secondary homes, and property taxes can be as well. More federal income options are available for homeowners than renters, the author reveals.
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