Tag Archives: itemized deduction

Are Closing Costs Deductible?

Posted on February 16, 2022 by Meg Powers

The answer to whether closing costs are tax deductible — or mortgage interest and property taxes for that matter — is often maddeningly, “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, … Continue reading →

Posted in Real Estate News | Tagged appraisal, average, bills, building, buying, cash, closing, closing cost, closing costs, cost, costs, debt, down payment, equity, expenses, home, home inspection, homeowner, homeowners, improvement, income, inspection, itemized deduction, loan, Mortgage, mortgages, owners, pending, price, property, property tax, real estate, realtor, tax, tax benefit, tax deductions, taxes | Comments Off

Senate Bill Cuts Property Tax Deduction

Posted on November 10, 2017 by Debbie Prosser

Daily Real Estate News | Friday, November 10, 2017 Yesterday, Senate Finance Committee Republicans released their version of the tax reform bill. Although it goes one step further than the House bill by preserving the $1 million cap on the mortgage … Continue reading →

Posted in Mortage/ Finance News | Tagged bill, burden, Capitol Hill, corporate tax cuts, corporations, dependency, eliminates, exemptions, higher taxes, homeowners, homeownership, house, itemized deduction, lower, middle class, middle income, NAR, personal, property tax deduction, property values, Republicans, Senate, tax brackets, tax reform, taxes, taxpayers, version | Comments Off

Tag Archives: itemized deduction

Are Closing Costs Deductible?

Senate Bill Cuts Property Tax Deduction

Search the Blog

Inside The Blog

Distinctive Properties

Important Links

Archives