Did you know that your home can be a great tool for making sure you aren't paying more than you should in taxes? When it comes to holding on to your money, a little bit of research and information can go a long way. That's why it is important to have some understanding of how your home ownership affects your tax returns. Below is information on some of the tax advantages of home ownership.

• Write off mortgage interest
• Pay no income taxes on most home sales
• Home improvements for health reasons are partially deductible
• Write off interest on home equity loans
• Home office deduction for qualified owners
• Moving costs are deductible
• Deduct land lease payments
• Write off property taxes

It's a good life!

The Moore Team

Fine Homes Specialists

Keller Williams Integrity First Realty

Office: 480-545-1043

Fax: 480-718-7400