Homeownership comes with a lot of financial responsibility and a never-ending list of home improvement projects.
But for anyone who pays a mortgage, the good news is that you can deduct several home expenses come tax time — especially if you itemize your taxes — or enjoy other tax breaks as a home owner.
Here are the top tax tips for homeowners.
1. Mortgage interest deduction
While you can no longer deduct the cost of homeowners insurance premiums, you can write off what you paid toward mortgage interest — if you’re eligible and you itemize your deductions.
Start by looking