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Explain the home mortgage deduction . .

The mortgage interest deduction entitles you to completely deduct the interest on your Helena home loan for the year in which you paid it. Mortgage interest is not a dollar-for-dollar tax cut; it reduces taxable income. You must itemize deductions in order to do this, which means your total deductions must exceed the IRS's standard deduction.
 
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Ptarmigan aerial.jpg 757 Ptarmigan Lane
Company: Montana Legacy Real Estate
Price:USD $ 510,487
GREAT COMMERCIAL LOT

1.62 acre (70.412 sq. ft.) commercial lot in the new and popular Anderson Business Park.  Large corner lot with curb, sidewalks, and two entrances.  Great location and exposure for your business.  You won't find a better lot in town at this price.  Hurry, before it's gone.
MLS: 272805
Square Ft: 70,412

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