Tax Preparation Checklist - Part 3

Date February 11, 2007

Owning a home can be a great tax shelter.  Many times the interest paid to the lender and the property taxes can be deducted on one’s personal income tax filing.  However, there are many other items you will want to consider.  Of course, this is not meant to give tax advice, you should always consult with a CPA or tax preparer to decide if this is possible for you.  Here are several items to help you with your preparation in filing your Personal Tax Return.

Part 3 - HOMEOWNER & RENTER DATA
* Residential address(es) for this year
* Mortgage interest:  Form 1098
* Sale of your home or other real estate:  Form 1099-S
* Second mortgage interest paid
* Real estate taxes paid
* Moving Expenses

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