It can also come with tax benefits, one being the mortgage interest deduction. However, not all homeowners can claim this tax deduction, and the rules can be complex. For example, how much you can ...

Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the ...

If you own a home, the mortgage interest deduction could reduce your tax liability — which could be especially useful given today's high mortgage interest rates environment. But if you want to ...

Policymakers in Washington are being called on to scrap the universal federal tax deduction for mortgage interest, and ...

There are other 1098 forms that you might receive to report tax-deductible payments, such as student loan interest or tuition payments. Who Receives Form 1098? Mortgage lenders will send a Form ...

New research led by the Johns Hopkins Carey Business School suggests one possible way to help ease the housing affordability ...

Thinking about paying off your mortgage early? Learn the pros, cons, and smarter alternatives to help you decide what’s right ...

Comparison of the accounting and tax treatment of interest expense may reveal crucial differences and lead to best practices ...

And keep in mind that paying no interest is far better than the tax deduction mortgage interest provides. See you at closing. Gary Sandler is a full-time Realtor and president of Gary Sandler Inc ...

There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

Policymakers in Washington are being called on to scrap the universal federal tax deduction for mortgage interest, and instead to target the write-off solely to first-time home buyers. The proposal is ...