Tax season is upon us once again, and to make it even more interesting this year, the tax code has changed — along with the rules about tax deductions for homeowners. The biggest change? Many homeowners who used to write off their property taxes and the interest they pay their mortgage will no longer be able to.
Stay calm. This doesn’t automatically mean your taxes are going up. Here’s a roundup of the rules that will affect homeowners — and how big of a change to expect.
Read this enlightening article by Leanne Potts for HouseLogic:
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Tax Deductions for Homeowners: How the New Tax Law Affects Mortgage InterestTax changes for 2019 change the landscape for homeowners. Read |
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Visit houselogic.com for more articles like this. © Copyright 2018 NATIONAL ASSOCIATION OF REALTORS® |
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