Townhouse no HOA fees

[Denise Munoz]

i just bought a townhouse... Been renting for years.... My kids are older.... But there moving with me... This is going to be my forever home... Not looking to sell..... Or make money.. My question is... Is there any tax credits for me? Am single.... Like I said my kids older...24-23...don't own anything but what I just bought... I payed for what is worth.. So there will be no equity on the home.... Or is there?...just wondering... It's small... And easy for me to handle.... I don't have any real savings.... But I think am on the right path... I am over 50 .. Does that help?