tax: April 15th - Tax Tips for buyers and sellers - 04/16/12 06:00 AM
Tax season is upon us and for those who purchased or sold a home last year, there are a number of tax deductions for which you may qualify.
For starters, the Internal Revenue Service says that if you have a gain from the sale of your main home, you may be able to exclude up to $250,000 of the gain from your income as a single tax filer, or $500,000 on a joint return in most cases.
Here are some other factors to keep in mind:
1: Much of the interest paid on a mortgage is tax-deductible. A married couple filing … (1 comments)

 
Ann Gioe, CRP, GMS, Central and Southern Indiana Real Estate (Berkshire Hathaway HomeServices Indiana Realty)

Ann Gioe, CRP, GMS

Central and Southern Indiana Real Estate

Indianapolis, IN

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Berkshire Hathaway HomeServices Indiana Realty

Address: 3801 E. 82nd St, Indianapolis, IN, 46240

Office: (317) 913-2803

Mobile: (317) 372-9989

Resource center of information for people moving into our Indiana service areas - and even long time residents!


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