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10. John and Mary are new homeowners and will be itemizing their deductions for the first time. They are not sure what expenses as new

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10. John and Mary are new homeowners and will be itemizing their deductions for the first time. They are not sure what expenses as new homeowners will be deductible. Which of the following is not deductible? a) Points paid at closing on new home b) Mortgage insurance premiums c) Homeowners' association charges d) Real estate taxes

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