Mortgage Interest Deduction and the Tax Advantages of Owning a Home There are numerous benefits of being a homeowner owning homeowner in the United States. This includes security, stability, wealth creation, and the joy of owning your own house. From a tax point of view among the more appealing benefits of having a home to have to do with the mortgage deduction blue world city. In essence, this portion of tax law (sec 164) permits taxpayers to...
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