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New IRS Deductions for Home Owners
The IRS allows for many moving related deductions, so check here before you file if you own Philadelphia Real Estate. Click below to find more information about the NEW 2009 Reinvestment Act
The American Recovery and Reinvestment Act of 2009: Info Center
or check the following publications by form numbers…
5405 1st Time Home Buyer Tax Credit
521 “Moving Expenses”
523 “Selling Your Home”
527 “Residential Rental Property”
534 “Depreciation”
541 “Tax Information on Partnerships”
551 “Basis of Assets”
555 “Federal Tax Information on Community Property”
561 “Determining the Value of Donated Property”
936 “Home Mortgage Interest Deduction”
These publications are available www.irs.gov or by calling (800) TAX-FORM.
This is brought to you by the Philadelphia Real Estate Blog
All Philadelphia Real Estate listings are found at www.CenterCityRealEstate.com



