Everyday Tax Tips

Real Estate Taxes

by | Feb 8, 2016

If you own your home, chances are you’re paying real estate tax on that property. Up to 100 percent of those taxes can be deducted on your tax return. This would be especially beneficial for those who own their home outright and aren’t paying a mortgage. Talk to your tax professional about how to take advantage of this valuable deduction. Don’t have a tax professional? Ask Ms. Tax!