Tag Archive for ‘tax’

Tax Week: The Real Estate Tax Deduction

As tax filing season comes to a close, now is a good time to take a look at some of the basic facts concerning the deduction for property taxes paid on an owner-occupied home. As homeowners past and present know, this deduction helps offset the cost of homeownership. A few facts about the deduction from 2010 data:  The property tax deduction… Read More ›

Tax Week: Small Business Tax Issues

As part of NAHB’s examination of tax issues and the housing sector, our focus now turns to small business tax concerns. Earlier today, Marty Mitchell of Mitchell and Best Homebuilders testified before Congressional Committee on Small Business on behalf of the nation’s home builders. His testimony included a number of facts that illustrate the importance of small businesses to housing. NAHB Census of Membership… Read More ›

Tax Week: The Mortgage Interest Deduction

As tax filing season comes to a close, now is a good time to take a look at some of the basic facts concerning the mortgage interest deduction (MID). As homeowners past and present know, the MID is a cornerstone of American tax and housing policy. Broadly claimed, the deduction facilitates homeownership.  A few facts about the MID from 2010… Read More ›