Taxpayers can claim deductions on home loan interest and principal payments under sections 80C, 80EE, 80EEA and 24(b) of the Income Tax Act, 1961.

Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners ...

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

New mortgages for second homes, often thought of as vacation homes, fell to a 6-year low in 2024. High interest rates and home insurance costs are keeping Americans from buying second homes ...

Rates for home loans pressed higher, offering little relief for a housing market stuck in neutral. In the week ending May 15, 30-year fixed-rate mortgages ... be moving to a second or third ...

Jones and the governor have justified that distinction by arguing that second-home owners often don’t pay the Montana income taxes that fund most of the cost of state-level public services. Opponents ...

The Family Opportunity Mortgage offers a number of benefits over traditional second-home mortgages. — The down payment and interest rates are lower. The financial terms for a Family Opportunity ...

SAN ANTONIO – What felt like a perfect opportunity for the San Antonio Brahmas to secure their first home win of the season turned into one of their most gut-wrenching losses. The Brahmas faced ...

REUTERS Williams – who earns $184,000 annually and collected thousands of dollars a year renting the home to multiple tenants – stopped making his $1,344 monthly mortgage payments in 2010 ...

It means that in some of these authorities, Reform has the power to potentially reverse a 100 per cent council tax premium on second home owners introduced last month under a measure from the ...

Council Speaker and mayoral candidate Adrienne Adams described the center as a “home away from home.” Adams called the hike of 70% and the subsequent increases of the 10-year lease “unacceptable.” “I ...

The youth-development organization, founded in 2014, has also become a second home for many, including a growing number of students from immigrant families, and the organization has responded by ...