Tax guide

Are there tax breaks for owning a home?

Yes, since owning a home comes with a host of expenses, there are several tax breaks available so that homeowners can reduce their taxes owed. These tax breaks are only available if you itemize deductions, and include:

  • Mortgage interest
  • Home equity interest
  • Real estate taxes
  • Private mortgage insurance
  • Mortgage points

For more information, see our Tax Breaks for Homeowners page on the Tax Guide.

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