When you own your own home, you want to make sure you take every deduction possible to ensure that you maximize your tax refund. You might be wondering how items like home improvement, the mortgage interest you paid, taxable income, and itemized deductions will impact this year’s tax bill. This can get complicated, but we’ve got you covered! Here are some of the most important tax deductions that homeowners can take advantage of. 1. Mortgage Interest Here’s one of the main ta

Student loans can pose problems for many first-time home buyers trying to qualify for a home loan. This isn’t a news flash for most of us with student loan debt, but it also doesn’t have to mean the end of the road for the dream of homeownership. One very important note for borrowers with student loans is there are actually a few different ways student loan debt can be calculated. IBR/Monthly Payment Amount Typically the most beneficial way to calculate student debt for quali