J.K. Lasser's Homeowner's Tax Breaks (Paperback: 2007: 272 pages)

Beyond the garden-variety deductions for mortgage interest and real estate taxes, J.K. Lasser’ s Homeowner’ s Tax Breaks 2007 reveals a treasure chest of tax breaks that any homeowner can use. These include such little-known breaks as getting tax-free rent from a short-term home rental and pocketing tax-free mortgage proceeds when trading up to a more expensive home. A lively, concise, and plain-language explanation of tax rules for all homeowners, this guide has been completely updated to reflect all the changes in today’ s tax law.

Gerald J. Robinson (New York, NY) is an attorney at Carb, Luria, Cook and Kufeld, LLP. He is the author of the treatise, Federal Income Taxation of Real Estate (0-88712-990-0)– currently in its sixth edition– which is considered the bible of real estate tax for practitioners. Mr. Robinson holds an LLM in taxation from New York University.