Working on your taxes? Yes, it's that time of year. being a home owner means we have more deductions! I just read a good article with tips for homeowners doing their taxes.
5 Tax Tips, Tricks, and Traps for Homeowners:
1. Itemize your return to claim your deductions.
2. Plan ahead - be strategic when planning office deductions.
3. Tax relief for loan modifications, short sales, and foreclosures will only be around through 2012.
4. Anticipate income tax consequences of a refinance or property tax appeal.
5. Don't foget those closing costs.
The full article can be found at WalletPop
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