Tips for Sale's Income Tax Deductions

Video Transcript

"Hi in this segment we're going to talk a little bit about the taxes that you can deduct in recent years it's been of interest that you can deduct the sales tax on a car you might purchase, a motor home, a boat, an airplane, and also sales tax for new construction where you have the receipts for the sales tax paid. This is wade against the state local income tax and you may deduct the greater of the two so keep a little track of that and that could help you. In addition of course you can take the real estate taxes on your house and any investment property that you might have. Don't forget your car tags quit often people forget to bring that one in they are for the most part deductible, thank you."