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Home Buying – Mortgage – Page – Deducting mortgage interest One of the most important tax benefits that comes with owning a home is the fact that you may be able to deduct any mortgage interest that you pay. If you itemize deductions on Schedule A of your federal income tax return, you can generally deduct the interest that you pay on debt resulting from a loan used to buy.
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Why buy new? The benefits of new home construction – Instead of having to search for new restaurants, a daycare or a good hiking trail, you can buy a new home where everything is.