Having a higher mortgage can be a huge tax benefit and one of the major benefits associated with real estate ownership. When you are purchasing a new home, it is important to understand the tax ramifications associated with it. Another thing to consider is the current taxes on the home you are purchasing.  We have provided some general tax links below and also a direct link to Boone County's website so you can read more about tax information.  Please feel free to contact us with any questions, or if you are curious what the tax assessment is for a specific property.  Thank you for visiting!