Patrick Turner - Real Estate Agent

HOMEOWNER TAX BENEFITS CAN INCLUDE:

PROPERTY TAX DEDUCTION: You may be able to claim your state and local real estate taxes as deductions.
MORTGAGE INTEREST DEDUCTION: You may be able to claim your home mortgage interest as tax deductions.
CAPITAL GAINS EXCLUSION: Homeowners may be able to exclude from taxable income up to $250,000 (or $500,000 for joint filers) of capital gains that are realized from a home sale.
HOME OFFICE DEDUCTION: Small business owners may be able to deduct certain home expenses when using part of their home exclusively for business purposes.