Tax tips: Seven ways for homeowners to save

Source: Jeff Reeves, USA Today

While economists and investors can debate whether buying a home is still part of the American dream, it's undeniable that the tax code remains highly favorable to people who own instead of rent.

Whether you were a first-time buyer, a long-time homeowner who refinanced or a seller, there are a host of important deductions available.

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housing, taxes, homeowners, taxpayers

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