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Tag Archives: 1040 Form

Is the Home Mortgage Interest Deduction Worthless to Most Americans?

Is the Home Mortgage Interest Deduction Worthless to Most Americans?

June 5, 2012 Posted by Leonard Baron in Blog

In short, the answer is yes. If you understand how taxes work, you will see how for the average American family purchasing a home, there is $0 in tax savings for owning a home. That means that from an ...View More

Posted in Blog | Tagged 1040 Form, home mortgage interest deduction, leonard baron, san diego state university, taxes
Tax Considerations of Rental Property

Tax Considerations of Rental Property

March 15, 2012 Posted by Leonard Baron in Blog

When you purchase rental property and collect rental payments, you may earn income or you may have a loss on the rental property operation. Now, most properties are going to show a loss for tax purposes ...View More

Posted in Blog | Tagged 1040 Form, IRS, leonard baron, rental properties
Will I Really Get a Tax Break When I Buy a Home?

Will I Really Get a Tax Break When I Buy a Home?

December 2, 2011 Posted by Leonard Baron in Blog

By Leonard Baron The answer, usually, is no. If you understand how taxes work and get the basics in this article, you will see how for the average American family purchasing a home, there is $0 in tax ...View More

Posted in Blog | Tagged 1040 Form, IRS, Schedule A, tax break, tax deduction
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