J K Lasser S Homeowner S Tax Breaks Your Guide To Finding Hidden Gold In Your Home(1st Edition)
Authors:
Gerald J. Robinson
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ISBN: 0471444332, 978-0471444336
Book publisher: Wiley
J K Lasser S Homeowner S Tax Breaks Your Guide To Finding Hidden Gold In Your Home 1st Edition Summary: There?s Tax Money Hidden in Your Home, and This Book Will Show You Where to Find It! Legitimate tax strategies any homeowner can use to save on taxesWritten by a down-to-earth tax expert?so you can easily understand the tax tips presentedBeyond the garden-variety deductions for mortgage interest and real estate taxes, J.K. Lasser?s™ Homeowner?s Tax Breaks reveals a treasure chest of tax breaks that any homeowner can use. These include such little-known breaks as getting tax-free rent from a short-term home rental, using the generous $250,000/$500,000 home sale exclusion to shelter gain from the sale of other real estate, and pocketing tax-free mortgage proceeds when trading up to a more expensive home.J.K. Lasser?s™ Homeowner?s Tax Breaks provides a lively, concise, and plain-English explanation of tax rules for homeowners and a discussion of how these rules can be turned to your tax advantage and financial benefit.Critical coverage will show you how to:Make your credit card and car loan interest deductibleBoost the amount of your casualty loss deductions Get deductions for household expenses when you have a home officeWrite off home office equipment such as computers and printersMake commuting costs from home deductibleCreate tax-free income from renovating your home and selling it at a profitMake your home a retirement nest egg that generates tax-free income from trading down or a reverse mortgageJ.K. Lasser?Practical Guides for All Your Financial Needs
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