If you own a home, or are about to purchase a home, learn the facts about what you can deduct on your taxes, and how to deduct for home mortgage interest, “points” (loan origination fees, maximum loan charges, loan discount or discount points) and the mortgage insurance premium.
Click here for your free guide, IRS Publication 936, which explains in very understandable detail information that will guide you in making the most of home ownership when tax time arrives. If you are planning on purchasing a new home, learn what items you can deduct on the HUD-1 closing costs statement.