There are many tax benefits built into home ownership. Here is a review of the most common.

The home gain exclusion
Itemized deductions
Free rental income
Home office deduction

Your house is a great place to control the amount of tax you owe, but only if you know the rules and can apply these rules to your situation. Use this information as a starting point to see if there are ways to leverage your home’s tax benefits.

Let us exceed your expectations. Call our CDS experts at (888) 388-1040 if you have questions about any of the tax benefits.