At a time when millions of would-be homebuyers are locked out of the market, a select group of homeowners is claiming a huge tax break—for second homes. Known as the mortgage interest deduction, this ...

Amidst a housing market that excludes many potential buyers, a particular group of homeowners benefits from a significant tax break for second homes through the mortgage interest deduction (MID).

Second homes may seem just like primary residences, but when it comes to financing, taxes and expenses, there are some important differences. Before you step into the second home market, you’ll want ...

The amount paid in points is deductible by the buyer and not the seller. Instead, the seller reduces their profit from the ...

The New Republic’s Jonathan Chait, admirably trying to make trouble, draws attention to a recent comment, which he probably already regrets, by the Secretary of Housing and Urban Development, whose ...

The 2025 OBBB Act updates key tax rules for condo owners, including higher standard deductions, a $750,000 mortgage interest limit, and a $40,000 SALT cap. Owners should consult tax professionals and ...

But what is available this year are several homeowner tax breaks that don’t require a mortgage. Some are lesser-known ...