Ask Connie!

At Brennan Builders, we strive to always be accessible to our homeowners. If you have a question, fill out the form below and Connie will get back to you as soon as possible. (Yes, she is a real person.)

Call us today! (724) 908-4140

What do I even ask:

  • Commonly asked questions about home building
  • Commonly asked questions about home building
  • Commonly asked questions about home building

The ArtisanThe Artisan IThe Artisan IIThe Artisan IIIThe Artisan IVThe Artisan VThe New HavenThe HartfordThe WilmingtonThe DavenportThe SavannahThe CambridgeThe ProvidenceThe ArlingtonThe WestminsterThe WaterburyThe AlexandriaThe Sante FeThe PattersonThe ManchesterThe BellevueThe NewportThe BirminghamThe Chesapeake

Call Text

Tax Benefits of Owning Your Home!

Category: Taxes

model of the house and us dollars on white background, selective focus, finance or rental concept

Tax Benefits of Owning Your Home!

Homeownership can have many financial benefits that you would not be able to take advantage of if you rent.  Owning your home helps build wealth and better financial security.  In addition to that, there are quite a few tax benefits homeowners have

    • Mortgage interest deduction: you can itemize on your tax return to show interest expense which is able to be deducted.
    • Real estate taxes: are tax deductible if you occupy your home.
    • Mortgage insurance: if you had to buy mortgage insurance since you financed more than 80%, those premiums are deductible.
    • Capital Gains: often times, homeowners will not need to pay capital gains tax on the profit from the sale of your home.

These are just some of the tax benefits you could gain from owning a home.  Contact your accountant for more details on the savings you could have.

~the Brennans