Home ownership comes with tax benefits

Mike Mason

Special to the Village News

As people count their blessings this holiday season, they are also determining what is tax-deductible and what is not. Today, just about everyone knows that there are tax benefits to owning a home, yet few first time homebuyers understand the significance of home ownership, and for that matter, many move-up buyers don’t really understand the tax benefits of home ownership either.

Taxes, of course, are unique to every tax payer. Many tax laws are constantly changing. Taxpayers should not rely on this article as advice or as authority in making any decision...