Recent changes have reshaped how this tax deduction works. So, we asked tax and financial experts to answer common questions ...

The home office deduction is one of the more complex tax breaks. The cost ... mortgage interest, utilities, homeowners insurance, and repairs you pay for during the year. Fifteen percent of your ...

If you have a mortgage ... interest costs could equal thousands of dollars every year. As you send this interest money to your lender each month, you may be wondering if you can deduct the ...

Here's a rundown of the most common deductions. Obtaining mortgage expenses—such as commissions and appraisal fees—are not deductible when you pay them. Instead, these costs are added to your ...