Buying a home becomes, for many, the first time it makes sense to itemize tax deductions. Some deductions will apply right away, others not until you sell -- but it's worth planning ahead for these. Also get tips for other ways to reduce house-related expenses, including when and why it might make sense to refinance.
As a property owner, if someone told you they were going to start drilling for oil on your land, you’d probably try to kick them off as a trespasser. But you might not have that right.
Save money by asking your mortgage company to cancel your private mortgage insurance (PMI).
Dealing with the transition when your lender transfers your home loan.
Tax liens and lockouts and vandals, oh my!
How to keep track of where you need to send your home mortgage payments.
"Basis" is an important tax word that every homeowner should know. It simply means the monetary value of a property for tax purposes.
How and why to document home improvements to the IRS when you've sold real estate at a profit.
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At Nolo, we prioritize quality and transparency because we know how important reliable legal information is to our readers. Our information is meticulously researched, regularly updated, and written in plain English by our experienced writers and editors. Learn more about our editorial standards.