Tax Benefits of Home Ownership
Do the financial benefits of home ownership make "cents"? We think so, let's talk about why. You may have heard that in this market it's a smarter move to buy than rent, but when you plug in the figures into a mortgage calculator you're not so sure. Let's consider taking your calculations one step further. Mortgage tax deduction benefits: The tax code allows homeowners to deduct their mortgage interest from their tax obligations. In the first few years of owning your home, in