Property taxes ______ tax deductible and home equity loans ____ tax deductible (on federal income tax returns) .

A) are,are
B) are not,are not
C) are,are not
D) are not,are

Property Taxes

Taxes paid by property owners, usually calculated based on the value of their real estate holdings, to fund local services like education and infrastructure.

Tax Deductible

Expenses that can be subtracted from gross income to reduce the amount of income subject to taxation.

Home Equity Loans

A type of loan in which the borrower uses the equity of their home as collateral. These loans are often used to finance major expenses.