Tag Archives: taxes

8 Easy Mistakes Homeowners Make on Their Taxes

Don’t rouse the IRS or pay more taxes than necessary — know the score to avoid common tax mistakes. As you prepare your tax returns for 2021, be careful not to commit any of these eight common tax mistakes, especially … Continue reading

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Are Closing Costs Deductible?

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

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Homeowners Say Tax Reform Would Hurt Them

Daily Real Estate News | Wednesday, December 13, 2017 A majority of recently surveyed homeowners say that changing homeownership tax incentives would restrict their mobility and cause them financial strain, according to new data from the National Association of REALTORS®’ … Continue reading

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Senate Bill Cuts Property Tax Deduction

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

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Millions of Middle-Income Homeowners Stand to Lose Under “Big 6” Tax Proposal

WASHINGTON (September 27, 2017) – A group of legislators and administration leaders known as the “Big 6” today released an outline for comprehensive tax reform that if enacted, according to the National Association of Realtors®, could lead to a tax … Continue reading

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7 Compromises You Should Never Make When Buying a Home

By Wendy Helfenbaum | Sep 21, 2017 Every successful home search begins with a wish list. Armed with your inventory of must-haves, you’ll know how to focus your search and recognize a potential home that isn’t worth your time. Still, there’s a … Continue reading

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How to Choose a Neighborhood

9 key questions to answer when you’re location shopping. Location is everything when you’re searching for a home. Finding your dream neighborhood may seem like the easiest part, but once you factor in budget, non-negotiable home features, and proximity to … Continue reading

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Survey: Despite TRID, Closing Hiccups Persist

Daily Real Estate News | Friday, February 17, 2017 More than half of lenders last year gave loan estimates to home buyers that later had to be revised before closing, according to a new survey released by ClosingCorp, a provider … Continue reading

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Is the Home Office on Its Way Out?

Daily Real Estate News | Thursday, December 29, 2016 The home office is becoming less important to homeowners, even though more people are working from home now than ever before. Homeowners are finding less need for a central space for … Continue reading

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