What exactly are the tax breaks you get for owning your own home?
November 1st, 2008
6 comments
MO asked:
Are the tax breaks only felt when you file your yearly taxes and get a refund, or can they be felt on a monthly basis once you purchase? I really need to buy because rent in southern California is so high, but as a single mom, I am not sure if I can afford to buy. Any insight you have on this matter will be appreciated.
Are the tax breaks only felt when you file your yearly taxes and get a refund, or can they be felt on a monthly basis once you purchase? I really need to buy because rent in southern California is so high, but as a single mom, I am not sure if I can afford to buy. Any insight you have on this matter will be appreciated.