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You can deduct any real estate tax or mortgage interest paid in 2020 if you itemize.
Yes, buying and owning a home has tax benefits.
Since all of these deductions are considered Itemized Deductions, in order to take advantage of these deductions, the total of these would need to be higher than your standard deduction. Since you purchased your home in December 2020, you may not have more in these deductions than the standard deduction.
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