Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

Mortgage Payments Are Just the Start. Here's What Homeownership Really Costs. Escrow account shortages. Principal and ...

However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks, we can take more than the standard deduction and lower our tax bill even more.

Longtime homeowners would be exempt from paying property taxes when they reach that benchmark under a bill introduced in ...

It's unclear what effect a higher property tax rate would have on the second-home market. While Vermont passed a similar law, ...

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage ...

Navy Veteran James Duhr, of unincorporated Elgin, says his property taxes on a vacant parcel of land he owns near his home soared by more than 500%.

However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks, we can take more than the standard deduction and lower our tax bill even more.