One of the benefits of home ownership is that tax deductions often come with your home. NOLO offers a look at 10 ways your home ownership can offer tax deductions:

*Mortgage interest

*Points

*Home equity loan interest

*Home improvement loan interest

*Property taxes

*Home office (be aware that home office deductions count only for portions of your home that are used exclusively for business)

*Selling costs

*It is possible to gain relief from capital gains taxes when selling your home under certain conditions

*Moving costs

*Mortgage tax credit

It is also worth noting that making your home environmentally friendly can also yield tax savings. Adding solar panels and other improvements to make your home more energy efficient can be tax deductible or yield a tax credit.

If you have questions about what you can take in tax deductions for your home, you can visit the IRS Web site, or talk to a knowledgeable tax attorney.