Tag Archives: taxes

8 Easy Mistakes Homeowners Make on Their Taxes

Posted on January 10, 2023 by Brittany Icayan

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 →

Posted in Real Estate News | Tagged homeowner, taxes, tips | Leave a comment

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

Homeowners Say Tax Reform Would Hurt Them

Posted on December 13, 2017 by Debbie Prosser

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 →

Posted in Real Estate News | Tagged bill, credit, data, equity, family, home, homeowners, homeownership, house, housing, market, Mortgage, mortgages, NAR, national association of realtors, News, open, potential, property, property tax, real estate, Real Estate News, realtor, Sale, Sales, Senate, states, tax reform, 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

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

Posted on September 27, 2017 by Debbie Prosser

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 →

Posted in Real Estate News | Tagged buyers, data, DOE, hike, home, home value, homeowners, house, income, increase, investment, Mortgage, mortgage deduction, NAR, national association of realtors, News, opportunity, proposal, real estate, realtor, risk, Sale, Sales, tax, tax increase, taxes, time, values, washington | Comments Off

7 Compromises You Should Never Make When Buying a Home

Posted on September 22, 2017 by Debbie Prosser

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 →

Posted in Home Owner Tips | Tagged bath, buyers, buying, buying a home, color, compromise, Construction, contract, contractor, data, days, debt, driveway, emotional, Fall, family, floor, floor plan, garage, home search, homeowners, homes, house, House Hunting, kids, Lender, look, market, NAR, national association of realtors, New Construction, offer, office, open, outside, park, potential, potential buyers, price, properties, property, real estate, realtor, renovation, resale, room, Sale, Sales, schools, selling, taxes, time, tools, value, work | Comments Off

How to Choose a Neighborhood

Posted on May 22, 2017 by Debbie Prosser

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 →

Posted in Home Owner Tips | Tagged Active, buying, community, data, features, growth, home, home value, homeowners, homes, house, houselogic, housing, increase, insurance, look, national association of realtors, neighborhood, News, park, price, properties, property, property tax, real estate, real estate agent, realtor, Sale, Sales, schools, shopping, taxes, values | Comments Off

Survey: Despite TRID, Closing Hiccups Persist

Posted on February 20, 2017 by Debbie Prosser

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 →

Posted in Mortage/ Finance News | Tagged borrowers, buyers, closing, closing cost, closing costs, data, home, home buyer, Homebuyer, insurance, Lender, lenders, loan, market, millennial, Mortgage, mortgage insurance, national association of realtors, October, real estate, realtor, Sale, Sales, taxes | Comments Off

Is the Home Office on Its Way Out?

Posted on December 29, 2016 by Debbie Prosser

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 →

Posted in Real Estate News | Tagged computer, cord, fax, home, house plans, insurance, laptops, mobile, nook, office, owners, printer, renters, selling point, tax benefit, taxes, utilities, work, workplace | Comments Off

Tag Archives: taxes

8 Easy Mistakes Homeowners Make on Their Taxes

Are Closing Costs Deductible?

Homeowners Say Tax Reform Would Hurt Them

Senate Bill Cuts Property Tax Deduction

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

7 Compromises You Should Never Make When Buying a Home

How to Choose a Neighborhood

Survey: Despite TRID, Closing Hiccups Persist

Is the Home Office on Its Way Out?

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