J.K. Lasser's Homeowner's Tax Breaks 2005: Your Complete Guide to Finding Hidden Gold in Your Home - ISBN:0471647713

J.K. Lasser's Homeowner's Tax Breaks 2005: Your Complete Guide to Finding Hidden Gold in Your Home

Date: 13 April 2011, 15:00

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Product Description: "Robinson walks the reader through almost every conceivable scenario that could result in a lower tax bill."
—Ilyce Glink, Tribune Media Services
The 2005 Edition of J.K. Lasser's Homeowner's Tax Breaks reveals a multitude of both well-known and little-known tax-saving ideas that will allow you to put substantial dollars back in your pocket. In fact, it's packed with the largest in-print collection of tax-planning ideas for homeowners.
Filled with in-depth insights and practical advice, the 2005 Edition of J.K. Lasser's Homeowner's Tax Breaks will help you:
* Legitimately take deductions for your household when you have a home office
* Make your credit card and car loan interest deductible
* Qualify to exclude up to $250,000 of gains on the sale of your home—$500,000 if you're married
* Cope with a depressed housing market by getting deductions for renting your home before you sell it
* Create tax-free income from renovating your home and selling it at a profit
* Receive charitable deductions for your home while you still live in it
* Make your home a retirement nest egg that generates tax-free income by trading down or using it for a reverse mortgage
* Eliminate estate tax on your principal residence by utilizing a personal residence trust

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