Portsmouth New Hampshire Homeowners
Portsmouth New Hampshire Homeowners – are you aware
of the potential tax benefits of homeownership?
The biggest reason for buying homes in Portsmouth NH,
and anywhere else, is for home and shelter. Did you also know that there are
tax benefits when it comes to being a homeowner, too? Some are deductible only
in the year that you buy your home or condo, and others may be deductible beyond
Potential tax benefits for homeowners:
- Points – these are one of the tax deductions you may take on
your income tax return for the year you bought your home or condo. Points may
be deducted whether you as the buyer paid them or the seller paid them on your
behalf. Check with your tax preparer to verify that.