Question

Owning a home may allow you to deduct _____.

A. utilities
B. mortgage payments
C. interest on a mortgage
D. none of the above

Answer 1

we know that

Mortage:

A legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt

so, owing home allows you for interest on mortage

so, owner will deduct interest on mortage

so,

option-C........Answer