J.K. Lasser's Homeowner's Tax Breaks 2005: Your Complete Guide to Finding Hidden Gold in Your Home (J.K. Lasser) PDF
273 Pages·2004·3.156 MB·English
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Preview J.K. Lasser's Homeowner's Tax Breaks 2005: Your Complete Guide to Finding Hidden Gold in Your Home (J.K. Lasser)
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"Robinson walks the reader through almost every conceivable scenario that could result in a lower tax bill." —Ilyce Glink, Tribune Media Services The 2005 Edition of J.K. Lasser's Homeowner's Tax Breaks reveals a multitude of both well-known and little-known tax-saving ideas that will allow you to put substantial dollars back in your pocket. In fact, it's packed with the largest in-print collection of tax-planning ideas for homeowners. Filled with in-depth insights and practical advice, the 2005 Edition of J.K. Lasser's Homeowner's Tax Breaks will help you: Legitimately take deductions for your household when you have a home office Make your credit card and car loan interest deductible Qualify to exclude up to $250,000 of gains on the sale of your home—$500,000 if you're married Cope with a depressed housing market by getting deductions for renting your home before you sell it Create tax-free income from renovating your home and selling it at a profit Receive charitable deductions for your home while you still live in it Make your home a retirement nest egg that generates tax-free income by trading down or using it for a reverse mortgage Eliminate estate tax on your principal residence by utilizing a personal residence trust
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