First Comes Love… Then Comes Mortgage? Couples Lead the Way According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two incomes to save for down […]
Are Closing Costs Tax Deductible?
Are Closing Costs Tax Deductible Under the New Tax Law? By: Leanne Potts Published: December 21, 2018 Here’s the scoop on what’s tax deductible when buying a house. Are closing costs tax deductible? What about mortgage interest? Or property taxes? The answer is, maddeningly, “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than […]