Buying a home can unlock a door to a great tax return
Welcome back and happy New Year! It’s tax time and nobody looks forward to that. I have some exciting news, though. Did you know that if you itemize your taxes you are able to deduct up to $1 million of total mortgage interest?
You can also deduct $100,000 of equity mortgage interest. Make sure to check with your accountant or give me a call if you have any questions.
Also, if you know of anyone who is thinking of buying, be sure to send them my way!