Select the correct answer:

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

A. down payment
B. mortgage property appraisal and inspection costs
C. closing fees and title costs
D. mortgage interest and property taxes
E. insurance payment



Answer :

Final answer:

Mortgage interest and property taxes, closing fees and title costs, and insurance payments are considerations when buying a home.


Explanation:

Mortgage interest and property taxes are tax-deductible for consumers who are buying a home. Additionally, closing fees and title costs can also be tax-deductible. However, insurance payments are typically not tax-deductible in this context.


Learn more about homeownership tax deductions here:

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