Title: J.K. Lasser's Homeowner's Tax BreaksFormat: PDF
Pages: 257
Excerpt from Introduction: This is a book of revelations.
Tax revelations. It reveals a multitude of little-known tax-saving ideas for homeowners that can put substantial dollars in their pockets. In fact, it is packed with the largest collection in print of tax-planning ideas for the homeowner. Beyond the garden variety deductions for mortgage interest and real estate taxes, homeowners have a cornucopia of tax opportunities. These include such little-known breaks as getting tax-free rent from a short-term home rental, using the generous $250,000/$500,000 home sale exclusion to shelter gain from the sale of other real estate, and pocketing tax-free mortgage proceeds when
trading up to a more expensive home.
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