Corcoran Urban Real Estate

Breaking Down Tax Benefits For Homeowners

Breaking Down Tax Benefits For Homeowners

Home ownership continues to be a mainstay of the American Dream, but it's no secret that there are a variety of tax benefits that make home ownership among the most attractive investments most people can make.

The Chicago Tribune's columnist Benny Kass recently broke down the tax benefits:

• Real estate property taxes are deductible.

• Mortgage interest is deductible.

• Mortgage points are deductible.

He goes into greater detail on each deduction at the Chicago Tribune here.