SEARCH HOMES

Tuesday, January 25, 2011

FACTS: HOMEOWNERSHIP

51 Million of 75 Million Owner Occupied Homes had a Mortgage in 2009
38.5 Million tax payers Claimed a Deduction for mortgage interest
$470B- Tax Deduction in 2008
$3050-Average Taxpayer Saved by claiming the mortgage Interest deductions
42 Million Taxpayers Claimed a Deduction for Real Estate Taxes in 2008
$172B-Real Estate Tax deductions Claimed in 2008
$1020-Average Taxpayer Saved Claiming Real Estate Tax Deduction

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