Come September and October, people are starting to think about what year-end tax breaks they may be eligible for. Fortunately for buyers and sellers, owning a home can yield great dividends in tax returns. For example, both mortgage interest and property taxes are deductible from gross income. Furthermore, if you have prepaid some interest before the due date of your first payment and you close your loan before the year’s end, that amount will also be deducted. For an idea of the home-buying and selling advantages you can enjoy during the autumn months, contact the Sally Bookman Team or call us at 831.687.8728. Petunia is our Santa Cruz County Real Estate Market Research Correspondent, bringing a puppet perspective to the people.