Mortgage Broker Company: Some tax tips

The interest that you pay on your home mortage is usually tax deductible.  Each year you should receive Form 1098 from your lender which gives you the info on what you paid in interest for the year.  Then have your accountant claim this deduction on Schedule A.

You can also deduct real estate taxes which are annual taxed based on the appraised value of your home.

You can deduct loin points the year you made your home purchase if you meet certain criteria.

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