7 Housing Tax Laws You’ll Want To Know About
April 2, 2009 by Danilo Bogdanovic
Filed under Homeowners, Taxes
There are several new housing tax laws that went into effect recently that will help some homeowners, but not others. Whether they help or hurt you depends on your specific situation.
Here's a list of the 7 new housing tax laws…
- Cancellation of debt income
- First-time home buyer credit
- PMI deduction
- Property tax addition to standard deduction
- Surviving spouse home sale tax deduction
- Energy-saving home improvements
- Second-home sale limits
Click here for an explanation of these new housing tax laws and to see how they affect you.
Note: Make sure you speak with a tax accountant to see exactly how these new housing tax laws affect you.
