By The Kent Redding Group
AUSTIN, TX. - Are you planning on buying a home in Austin Texas? If so, there's never been a better time than right now to buy a home especially thanks to the fact that home ownership offers so many tax breaks.
To learn more about the tax breaks you can enjoy as a homeowner, especially when you file next year, this article will break down those tax breaks and the financial advantages of home ownership.
Tax break 1: Mortgage interest
This continues to be the biggie benefit of owning a home for tax year 2017: the ability to deduct the interest on a mortgage of up to $1 million. And the more recent your mortgage, the greater your tax savings.
"The way mortgage payments are amortized, the first ones are almost…