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Will I Really Get a Tax Break When I Buy a Home?

By Leonard Baron The answer, usually, is no. If you understand how taxes work and get the basics in this article, you will see how for the average American family purchasing a home, there is $0 in tax...

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Tax Considerations of Rental Property

When you purchase rental property and collect rental payments, you may earn income or you may have a loss on the rental property operation. Now, most properties are going to show a loss for tax...

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Is the Home Mortgage Interest Deduction Worthless to Most Americans?

In short, the answer is yes. If you understand how taxes work, you will see how for the average American family purchasing a home, there is $0 in tax savings for owning a home. That means that from an...

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