Portsmouth NH Real Estate – Homeowner Tax Benefits

Portsmouth New Hampshire Homeowners

Portsmouth NH Piscataqua River View
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
that.

 

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. 

Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

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