<human>:  What are the tax implications of buying a house?
<bot>: Buying a house in the United States comes with a variety of tax implications. First, the federal government offers certain tax deductions to homeowners, such as the Mortgage Interest Deduction, which allows homeowners to deduct interest paid on a mortgage or home equity loan. Additionally, homeowners might be eligible for certain state and local tax breaks, such as property tax exemptions, and can claim deductions for energy-efficient improvements or refinancing points. It's important to consult a qualified tax advisor to determine the specific tax implications of buying a house.