Owning a home is expensive, but it comes with one of the most valuable tax breaks available: the home mortgage interest deduction. This rule lets homeowners deduct the interest they pay on their home ...
Many homebuyers overlook additional deductions available beyond the standard tax breaks on principal and interest.
A homebuyer from Goa faced two significant issues with the income tax department when his claim for a Section 80C tax deduction related to home loan repayment was denied and the home loan amount was ...
Those considering a renovation loan should note that while it helps old-regime taxpayers preserve savings, the interest ...
Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax ...