Here is a library of IRS publications for homeowners, covering many issues of concern.
|
Title |
Publication |
Description |
| Home Mortgage Interest Deduction |
936 |
Includes general information on home mortgage interest, including points, how to report deductible interest and limits on your deduction. |
| Selling Your Home |
523 |
Covers the rules for excluding from income any gain up to $250,000 ($500,000 on a joint return for married couples), the business use or rental of your home, and recapturing a federal mortgage subsidy. |
| Tax Information for First-Time Homeowners |
530 |
Includes settlement and closing costs, real estate taxes, home mortgage interest, and repairs, tax credits for a mortgage credit certificate and documents to prove basis and adjusted basis. |
| Residential Rental Property |
527 |
Covers rules involving rental income and expenses, including depreciation, as well as casualty losses on rental property and the passive activity and at-risk rules. |
| Business Use of Your Home |
587 |
Contains information about who qualifies for deductions for business use of a home, including as a daycare facility. |
| Moving Expenses |
521 |
Provides information on deductions for certain costs of moving because you changed job locations or started a new job. |