Home, the mother of all tax shelters
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PostPosted: Thu, Nov 11 2004, 9:27 am EST    Post subject: Home, the mother of all tax shelters Reply with quote

Home, the mother of all tax shelters

Owning a house gives you huge tax advantages. And now the IRS has made claiming even more tax breaks easy.

By Jeff Schnepper

You’ve heard me talk about how owning a home is the world’s greatest tax shelter. You can deduct mortgage interest and property taxes. And almost always, you can keep the gains when you sell your home.

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