2014 Tax Breaks for Homeowners

Real Estate Agent Associate Broker


Considering purchasing a home soon? Need a little incentive to take the plunge? Well how about tax savings. Did you know homeowners have their own special tax deductions? Oh you didn’t??? Well that is okay. I made a list of a few for you:


1. Real Estate Taxes – Property taxes actually paid to the taxing authority.

2. Mortgage Interest – Interest paid on your mortgage’s principal loan balance.

3. Mortgage Insurance Premium – Homeowner’s with a FHA loan, mortgage insurance is required. The monthly premiums are a deduction.

4. Home Improvements – Certain home improvements meant to help save the environment such as low installing flow toilets, energy efficient appliances and the like.

5. Home Office – Use a part of your home for a business? Then a percentage of your home expenditures are deductible.

There are definitely benefits to becoming a homeowner. Why not explore the possibility with a local real estate professional like myself. I do suggest contacting a tax attorney or other tax professional to see how these common exemptions may apply to your tax situation.

Visit my web site for insight on how I assist buyers purchase the right home for them in the Atlanta metropolitan area real estate market at www.MetroATLRealEstate.com. Or call me at (678)523-1621. My areas of expertise include: Alpharetta, Atlanta, College Park, Douglasville, Dunwoody, East Point, Fairburn, Fayetteville, Hiram, Marietta, Peachtree City, Powder Springs, Roswell, Sandy Springs, Smyrna and Union City.

Posted by

Stacey Williams, Associate Broker

Ken Harris and Associates Realty

(678)523-1621 - Direct

(770)998-9859 - Office




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Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Stacey, all great reasons to buy a home otherwise your rent money is just wasted...well not exactly...I'm sure the landlord appreciate someone paying off his mortgage!  Mortgage interest is certainly one of the larger items and depending where you live and the amount of property taxes you pay Real Estate Taxes is another.

Mar 24, 2014 09:32 AM #1
Stacey Williams
Alpharetta, GA
Experienced Metro Atlanta Real Estate Agent

Nick - Thanks for stopping by and commenting. Yes, there are some great tax advantages to purchaisng a home.

Mar 24, 2014 10:03 AM #2
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Stacey Williams

Experienced Metro Atlanta Real Estate Agent
Contact Me With Your Real Estate Needs! Call 678-523-1621 TODAY!
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