The Orange County Business Journal quoted Tax Partner Warren Hennagin in a column about the current home mortgage market.
Orange County Business Journal
By Jeff Lazerson
Excerpt:
One clear benefit of owning versus renting is you can deduct some, but not necessarily all, of your property taxes from your income taxes, plus all of your interest payments for loans of up to $750,000, according to Warren Hennagin, CPA partner at Marcum LLP.