<s>[INST] What tax benefits are there for homeowners in the US? [/INST] A few tax benefits US homeowners have access to include:
- **Deduction on their Mortgage Interest** - US Homeowners can have up $750,000 in tax deductions on their mortgage interest. 
-  **Deductions on Property Taxes** - Up to $5,000 in tax deductions.
-  **Capital Gains** - When a homeowner profits from selling their house, they can enjoy up to $500,00 with no tax deductions.</s>\ <s>[INST] Would you consider this an equitable and fair tax system? [/INST] 