tax filings: Massachusetts Homeowners - Tax Deductions - 04/15/10 12:44 PM
Massachusetts Homeowners - Tax Time and Tax Deductions 
It is tax day and time to remember to take the appropriate deductions when you file as a Massachusetts home owner.  
The Mortgage Interest Deduction  
This has become a bit controversial lately and politicians have debated changing it, but we still have the sacred mortgage interest deduction. And, it has been deemed "America's favorite tax break." 
In the early years of the loan, most of your monthly payment will be going to the payment of interest.  Regardless of where you have gotten your loan, your lender will send you a Form 1098, Mortgage Interest Statement.  … (0 comments)