J.K. Lasser's Homeowner's Tax Breaks 2007

'Robinson walks the reader through almost everyconceivable scenario that could result in a lower tax bill.'?Ilyce Glink, Tribune Media ServicesMany of today's homeowners fail to take advantage of the tax breaks they're entitled to. But with J.K. Lasser's Homeowner's Tax Breaks 2007, you'll quickly discover what you've been missing.Straightforward and accessible, this comprehensive guide reveals a multitude of both well-known and little-known tax-saving ideas?from deductions for real estate taxes to pocketing tax-free mortgage proceeds when trading up to a more expensive home. Fully updated to reflect all the changes in today's tax law, J.K. Lasser's Homeowner's Tax Breaks 2007 will also help you:Legitimately take deductions for your household when you have a home officeMake your credit card and car loan interest deductibleQualify to exclude up to $250, 000 of gains on the sale of your home?$500, 000 if you're marriedCope with a depressed housing market by getting deductions for rentingyour home before you sell itCreate tax-free income from renovating your home and selling it at a profitReceive charitable deductions for your home while you still live in itMake your home a retirement nest egg that generates tax-free incomefrom trading down or using it for a reverse mortgageEliminate estate tax on your principal residence by utilizing a personal residence trustJ.K. Lasser?Practical Guides for All Your Financial NeedsPlease visit our Web site at www.jklasser.com