Hello and welcome to another WIN video blog!
It's tax season once again, and if you've recently become a homeowner, you'll want to know about common deductions. Including these in your tax return could amount to thousands of dollars in savings.
Homeowners can deduct the cost of property taxes from their income. This is one of the most common tax deductions for homeowners.
Did you take out a second mortgage to pay for home improvements? The interest you paid on this loan can also be deducted from your annual income, potentially saving a big chunk of change.
Thanks for watching!