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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Stupid tax questions....
So, we just bought our first house back in April, what can we write off on our taxes for that? I hear everyone say that owning a home is great for the tax benefits, but I don't know what they are
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Posted 2/3/09 3:06 PM  |
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Prudential Douglas Elliman Real Estate
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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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Re: Stupid tax questions....
owning a house, specifically paying interest on your mortgage and paying property taxes help you lower your tax liability.
you should be receiving a 1098 from the mortgage holder.
hth
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| Posted 2/3/09 3:10 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: Stupid tax questions....
Thank you! I just found the 1098. We already got it, I just didn't see it.
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| Posted 2/3/09 3:16 PM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: Stupid tax questions....
you can also write off points paid at closing, if any
this should also be on the 1098 
Message edited 2/3/2009 3:18:29 PM.
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| Posted 2/3/09 3:16 PM |
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seeinstarz
LIF Toddler
Member since 1/08 382 total posts
Name:
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Re: Stupid tax questions....
PMI if your below a certain income.
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| Posted 2/3/09 4:17 PM |
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