Nebraska mortgage tax savings
If you’re trying to decide whether it’s time to stop renting and start owning, knowing about potential tax savings might help your decision. Mortgage interest, property taxes and points paid on a mortgage are all tax deductible. Believe it or not, few tax deductions are bigger than mortgage interest. Homeowners with a new home mortgage can deduct both the interest paid on the mortgage and points paid for the year in which these items were paid. Figuring out how much you can save is easy with the Mortgage Tax Savings Calculator at Mortgages.com.
