Article Highlights: Acquisition Debt Interest Equity Debt Interest Consumer Interest New Tax Law Changes Note: This is one of a series of articles explaining how
Homeowners Receive Big Tax Breaks Home ownership can provide you with important tax benefits: Deductions for real estate taxes and home mortgage interest, and
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and
Article Highlights: Background New Limit Equity Debt Interest Interest Tracing Refinancing The Tax Cuts and Jobs Act of 2017, more commonly referred to as
Article Highlights: Pre-Tax Reform Home Mortgage Interest Deduction o Home Acquisition Debto Home Equity Debt Tax Reform Mortgage Interest Deduction Changes o Home Acquisition
Article Highlights Improvements for Medical Care or Treatment Improvements That Increase the Home’s Value Improvements That Do Not Increase the Home’s Value Medical AGI Limitations
Article Highlights Appropriations Act of 2020 Amended Return for 2018 Qualifications for the Deduction Qualified Mortgage Insurance On December 20, 2019, President Trump signed into
Article Highlights: Appropriations Act of 2020 Residential Energy (Efficient) Property Credit Lifetime Credit Credit Limits Qualifying Property Per Item Credit Limits Basis Adjustment Retroactive Application
Article Highlights: Appropriations Act of 2020 Cancellation-of-Debt (COD) Income Retroactively Extended Special Exclusion Home Affordable Modification Program (HAMP) Amended Retur On December 20, 2019, President
Article Highlights: Lower Mortgage Interest Rates Refinancing Limits on Loan Terms Limit on Home Mortgage Debt Refinance Calculator Interest rates are currently at an all-time
