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tax shelters
Posted: Thu, Nov 11 2004, 9:27 am EST
Post subject: Home, the mother of all tax shelters
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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