Mortgage closing costs can be expensive, but these five in particular could be tax-deductible. As a firsttime homebuyer, you may be surprised by how expensive real estate can be. In addition to ...

Are All Closing Costs Tax Deductible? Not all closing costs are tax deductible. In general, costs that can be considered taxes or interest are deductible. But, as you’ll learn below, the IRS ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

No tax deduction is more misunderstood than the mortgage interest tax deduction. By law, taxpayers can deduct interest paid on their mortgage, but most middle-class taxpayers save little or nothing at ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

When you buy, sell or refinance a home, closing costs are a pricey part of the transaction. And while most taxpayers should take the standard deduction over itemizing deductions on their income taxes ...