As the tax and home-buying season kicks into gear, now is a good time to take stock of the tax benefits that come from home ownership. The granddaddy of home-related income tax write-offs  – number one on our list – is the mortgage interest deduction (MID). Created in 1913,... Read more
This tax season millions of people will be claiming their home mortgage interest tax deduction. This year, however, there’s been some talk about eliminating or reducing the mortgage interest deduction as the federal government looks for ways to balance its budget. We were curious to see how the deduction... Read more
It may be April Fools’ Day today, but don’t be a fool when it comes to understanding the tax benefits that come from buying a home. Here at the LendingTree blog we’ve been publishing a series of blog posts that explore homeowner tax themes. Below we compile some handy... Read more
With home prices so low, many people are wondering if, perhaps, now might be the time to buy a second home. A vacation home can provide you a great place to get away from it all. And, you always have a place to stay when you have your own... Read more
One of the tax deductions that many homeowners have been happy to take since 2007 has been the deduction for the premiums paid for Private Mortgage Insurance (PMI). The tax deduction was slated to expire at the end of 2010, but the tax package passed by Congress last December... Read more

The difference between tax deductions and tax credits, and determining which one is better for you.

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