Switch to ADA Accessible Theme
Close Menu

Tag Archives: Rental income exclusion


Saving tax with home-related deductions and exclusions

By Legacy Protection, LLP |

Currently, home ownership comes with many tax-saving opportunities. Consider both deductions and exclusions when you’re filing your 2016 return and tax planning for 2017: Property tax deduction. Property tax is generally fully deductible — unless you’re subject to the alternative minimum tax (AMT). Mortgage interest deduction. You generally can deduct interest on up to a combined… Read More »

Facebook Twitter LinkedIn