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12 big tax deductions for homeowners

ADMC Realty Group Are you taking advantage of all the tax benefits that can make home-ownership more affordable and put a lot of extra cash in your pocket?  Make sure to consider these big deductions when you file—they really add up! Mortgage interest: Your home loan is deductible up to $1 million for a principal residence plus a second home. (This was saved by Congress during the recent fiscal cliff debates and remains a key deduction for homeowners!) You’ll need to itemize your income taxes in order to claim this. Don’t...Continue Reading >

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