A lot has changed when it comes to taxes and the related benefits of owning a home.  New provisions in the federal tax laws can impact both current homeowners, as well as those considering taking the leap from renter to owner. 

Realtor.com offers an excellent guide to the items that may, or may not, be deductible. This can include mortgage interest, property taxes, private mortgage insurance, energy efficiency upgrades, a home office, home improvements for aging in place, and interest on a home equity line of credit.  Before you start anticipating how you’ll spend your tax refund, take a look at this Complete Guide for Filing Now and Next Year. 

If the tax advantages convince you that buying a home works for you, check out the Sal Paone Builders website and see the exciting possibilities for owning a Paone!

Tags: home tax benefits, home taxes, real estate taxes, tax refund, taxes