Tax Advice on Mortgage Interest Tax Deductions Now Available for 2015, 2016
In "Mortgage Interest Tax Deduction for 2015, 2016, Traverse City tax expert Frank Ellis discusses how homeowners can deduct interest charges on their mortgage when submitting their tax returns to the IRS. The author reveals installments are mostly made of interest in the first couple of years. It may remain a considerable part of payments. First, the mortgage loan must satisfy specific IRS conditions.
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