Tax Deductions

Find out whether rental property tax deductions are worth your effort.

When your home value goes through the roof, you may end up with capital gains when you sell. Here are tips to limit tax liability.

Understand how property taxes affect your budget when you’re shopping for homes.

For most tax deductions, you need to keep receipts and documents for at least 3 years.

Missed a tax deduction? Overlooked a tax credit? Get what’s coming to you by amending your return.

The mortgage insurance deduction is back — at least through 2020. But only if you itemize.

You might be able to claim tax deductions for home improvements made for medical reasons if you itemize and your expenses are sizable.

You may be able to deduct points you paid on a mortgage — but you’ll have to itemize.

What you can deduct, such as property tax, and what you can’t — but there are definitely more cans than can’ts.

Tax deductions for a second home vary greatly depending on how much you use the home and whether you rent it out.