Question

Which item(s) are tax deductible for consumers who are buying or renting a home?

A.)lease interest payments and fees
B.)mortgage property appraisal and inspection costs
C.)closing fees and title costs
D.)mortgage interest and property taxes
E.)rental deposits and renter’s insurance
PLEASE HURRY ADN HELP ME!!!!!!!!

Answer 1

d

Step-by-step explanation:

Answer 2

The correct option is D.
Both property tax and mortgage interest are tax deductible. Mortage interest allows taxpayers who own their homes to reduce their taxable income by the amount of interest paid on the loan which is secured by their principal residence.