Homeowners: What You Can and Cannot Deduct
This report from the IRS explains what expenses you can deduct as a homeowner. It also points out expenses that are not deductible. This section has two primary discussions: real estate taxes and home mortgage interest.
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Moving Expenses
Explains the deduction of certain expenses of moving to a new home because you changed job locations or started a new job. Topics include: Who can deduct moving expenses; What moving expenses are deductible and how to report your moving expenses.
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Tax Information for First-Time Homeowners
Provides tax information for first-time homeowners including how you treat items such as settlement and closing costs, real estate taxes, home mortgage interest, and repairs.
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Residential Rental Property
This publication discusses rental income and expenses, and explains how to report them on your return. It also covers casualty losses on rental property and the passive activity limits and at-risk rules. This publication is designed for those who only rent out a few residential dwelling units.
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Selling Your Home
Explains the tax rules that apply when you sell your main home. Also includes worksheets to help you figure the adjusted basis of the home you sold, the gain (or loss) on the sale, and the amount of the gain that you can exclude.
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Tax Planning Guide
Use this Tax Guide for easy-to-understand explanations of virtually and tax issue you’re likely to encounter - from a tax deduction to how to use a child tax credit.
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