Learn how HELOC interest can be tax-deductible when used for home improvements, and understand the IRS rules and limitations ...

Mortgage closing costs can be expensive, but these five in particular could be tax-deductible. As a firsttime homebuyer, you may be surprised by how expensive real estate can be. In addition to ...

This tax season, my household is claiming the mortgage tax deduction. Last year, we paid a lot in mortgage interest -- more than we ever have as homeowners. However, the hefty amount we paid can help ...

No tax deduction is more misunderstood than the mortgage interest tax deduction. By law, taxpayers can deduct interest paid on their mortgage, but most middle-class taxpayers save little or nothing at ...

Tax season: Everyone’s favorite time of year has just begun. This year, the Internal Revenue Service opened the tax filing season on Jan. 27. The deadline for filing (without an extension) is April 15 ...

Homeowners who have been taking the standard tax deduction in recent years might want to give itemization another look this year. The One Big Beautiful Bill Act comes with a slew of updates affecting ...

The 50-year mortgage proposal by Trump aims to address the housing affordability crisis with lower monthly mortgage payments. But what does that mean for your taxes?

At a time when millions of would-be homebuyers are locked out of the market, a select group of homeowners is claiming a huge tax break—for second homes. Known as the mortgage interest deduction, this ...

Twin City home shoppers have one more thing to consider when they buy a home - whether it's beneficial for them to get mortgage insurance now that it's tax-deductible in 2007. "It's certainly a ...

(NewsNation) — When the Tax Cuts and Jobs Act, which President Donald Trump signed in 2017, expires at the end of the year, current caps on mortgage interest deductions would end as well. Trump has ...