Farmington Hills Michigan Homeowner Tax Advice

Farmington Hills Michigan Homeowner Tax Advice

Thomas Gilliam Blog , Farmington Hills , home owner , taxes Leave a Comment

The tax deadline is right around the corner! Do not miss out on money saving tax benefits of real estate ownership. The Farmington Hills Michigan homeowner tax advice in this blog may help with your tax returns. Look for the 1098 Form from Your Mortgage Company Interest paid on primary mortgages, second mortgages, home equity loans, and home renovation loans are often tax deductible. You will receive a mortgage statement, a Form 1098, from each mortgage company. It will detail amounts paid during the 2016 year. It may also reference amounts paid for mortgage insurance, which might be deductible if …