(Ebook) J.K. Lasser's Homeowner's Tax Breaks 2005: Your Complete Guide to Finding Hidden Gold in Your Home (J.K. Lasser) by Gerald J. Robinson ISBN 9780471647713, 9780471710363, 0471647713, 0471710369

(Ebook) J.K. Lasser's Homeowner's Tax Breaks 2005: Your Complete Guide to Finding Hidden Gold in Your Home (J.K. Lasser) by Gerald J. Robinson ISBN 9780471647713, 9780471710363, 0471647713, 0471710369

"Robinson walks the reader through almost every conceivable scenario that could result in a lower tax bill." —Ilyce Glink, Tribune Media Services The 2005 Edition of J.K. Lasser's Homeowner's Tax Breaks reveals a multitude of both well-known and little-known tax-saving ideas that will allow you to put substantial dollars back in your pocket. In fact, it's packed with the largest in-print collection of tax-planning ideas for homeowners. Filled with in-depth insights and practical advice, the 2005 Edition of J.K. Lasser's Homeowner's Tax Breaks will help you: Legitimately take deductions for your household when you have a home office Make your credit card and car loan interest deductible Qualify to exclude up to $250,000 of gains on the sale of your home—$500,000 if you're married Cope with a depressed housing market by getting deductions for renting your home before you sell it Create tax-free income from renovating your home and selling it at a profit Receive charitable deductions for your home while you still live in it Make your home a retirement nest egg that generates tax-free income by trading down or using it for a reverse mortgage Eliminate estate tax on your principal residence by utilizing a personal residence trust