With tax time fast approaching, it is important to start tallying up potential deductions and credits.  When it comes to homeowners, the first thing many consider is the mortgage interest deduction.  Other things to keep in mind are "points" - whether paid as the buyer or seller - and private mortgage insurance (PMI).  Both of these things are also deductible under certain circumstances but it is crucial to understand the "fine print" of IRS regulations and federal tax law. 

Read the Washington Post story...