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The Home Mortgage Interest Deduction

One of the financial advantages of owning a home is that you receive a number of tax deductions that you can use to adjust your gross income and reduce the amount of income tax you pay to the IRS. The…

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The Impact of the 3.8% Affordable Care Act Tax on the Sale of Your Home

Is there a 3.8% Affordable Care Act Tax on the sale of Real Estate? The Affordable Care Act (ACA), often referred to as Obamacare, was signed into law by President Barack Obama on March 23, 2010 and went into effect…

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