: You can deduct up to $10,000 ($5,000 if married filing separately) for a combination of state and local income taxes or sales taxes, and your local property taxes.
: For verifying payments made outside of escrow. Topic no. 701, Sale of your home | Internal Revenue Service buying a house and taxes
: If you "bought down" your interest rate by paying points at closing, these are often fully deductible in the year you paid them, provided they meet specific IRS criteria. Ongoing Costs to Budget For : You can deduct up to $10,000 ($5,000
: Mailed by your lender annually to report mortgage interest. 701, Sale of your home | Internal Revenue
: Many lenders require you to pay a portion of your annual property taxes each month as part of your mortgage payment to ensure they are paid on time. Long-Term Tax Considerations