The most common types of tax deductions include:
- Mortgage interest
- Real estate taxes
- Private Mortgage Insurance
- Profit from the sale of a home
While your tax filings will likely get a bit more complicated, the savings may be worth the extra effort. When you have enough qualifying tax deductions, it can lower your tax bracket and the amount of taxes you owe.
Feel free to reach out to Scott Bennett at 503-703-4699 or firstname.lastname@example.org to talk about your current situation.