What is tax deductible for homeowners?

Answer A tax deduction for a homeowner is one of the various itemized tax breaks that a homeowner gets to legally deduct when filing a tax return.Mortgage InterestThe interest paid on your monthly mortgag... Read More »

Top Q&A For: What is tax deductible for homeowners

Who pays the deductible with homeowners insurance?

With homeowners insurance, the homeowner (owner of the policy) pays any deductible amount owed. Each homeowners insurance policy has its own deductible amount, a cost that the homeowner must pay be... Read More »

What is the difference between a Condominium Homeowners Association and a Townhouse or Plan Unit Development Homeowners Association?

A condo or townhouse Homeowners' Association (HOA) governs a group of condos, wherein the association is responsible for the maintenance of the outside of the building(s), landscaping, and utilitie... Read More »

Does the homeowners association have the right to keep settlement monies from the homeowners?

Your question implies that your association and its board pursued a cause of action -- whether through negotiation, mediation or a court of law -- and was awarded a cash settlement. Realistically, ... Read More »

Does homeowners insurance cover a homeowners fall?

You mean cover the owner who is listed on the policy? =No!