1. 6 Major Tax Breaks for Homeowners

    6 Major Tax Breaks for Homeowners

    Over 60% of Americans are proud to call themselves homeowners, and while owning property can be an expensive prospect, there are a number of tax breaks available to help offset the burden. Here are a few you should know about. Image source: Getty Images. 1. Mortgage interest deduction The bad news about carrying a mortgage, especially in its early years, is that the majority of your payments go toward interest on your loan as opposed to its principal.

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