Maximizing Tax Benefits Selling a Home on the New Hampshire Seacoast
By Jim Lee, REALTOR, CRS, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
For most Americans, buying a home is the biggest investment they will ever make. Whether you’re purchasing a charming coastal retreat or selling a property in the heart of Portsmouth, NH, understanding tax benefits can help you maximize your financial return. (*NOTE)Jim Lee and Ann Cummings of RE/MAX Shoreline—trusted local real estate experts—are here to guide you through the process, ensuring you sell your home for the best price, in the shortest time, and with the fewest complications. Below, we explore key tax deductions, credits, and strategies for homeowners in the New Hampshire Seacoast.Key Tax Deductions for HomeownersMortgage Interest DeductionHomeowners who itemize deductions can deduct mortgage interest paid on loans for their primary or secondary home, with some limits: For ...
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