Ar_home_b_search
 



real estate finance taxes tax breaks tax planning tax relief: Factors That Will Affect The Housing Market in 2009 - 02/08/09 06:17 PM
 
After a brutal 2008 real estate market, I started analyzing what can be in store for 2009.
The Good News:
Mortgage rates are at history lows and about a full percentage point lower than they were in most of 2008. Since receiving TARP money, banks are more eager to lend, although not as much as the past. Congress has begun investigating new ways to stabilize the housing market. One way they are considering is to provide homebuyers with nice tax incentives Sellers are more realistic in pricing their homes now that reality has set in. Great bargins are to be had! Pending … (1 comments)

real estate finance taxes tax breaks tax planning tax relief: Tax Breaks in Purchasing a Home - 02/08/09 04:23 PM
Buying your first home is a huge step. When you leave the world of renting behind, you begin building equity in an investment. And Uncle Sam is there to help ease the pain of high mortgage payments.
Mortgage interest. For most people, the biggest tax break from owning a home comes from deducting mortgage interest. You can deduct interest on up to $1 million of debt used to acquire your home. Your lender will send you Form 1098 in January listing the mortgage interest you paid during the previous year.
Points. When you buy a house, you usually have to … (0 comments)

 

Julanne Speer

Naperville, IL

More about me…

julanne@speermarkproperties.com

Address: P.O. Box 268, Naperville, IL, 60566

Office Phone: (630) 839-9363

Cell Phone: (630) 200-6714

Email Me



Links

Archives

RSS 2.0 Feed for this blog