Real estate blog entries tagged with home ownership by Eileen Murphy, Curtis Lee "The Murphy-Lee Team" (Prudential Zack Shore Properties)

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Home : Blogs : Eileen Murphy, Curtis Lee "The Murphy-Lee Team" : The Murphy/Lee Team Blog : Tag "home ownership"

home ownership: ‘Tis the Season for Tax Breaks - 04/11/11 08:04 AM

By Curtis Lee"The Murphy-Lee Team"Prudential Zack Shore Properties
            With April 15 rapidly approaching many are scrambling to complete their taxes. For those who have recently bought or sold a home, there are a number of tax deductions that that may be available to them.
            Real estate broker's commissions, title insurance, legal fees, advertising costs, administrative costs, and inspection fees are all considered selling costs and may be used to reduce one's taxable capital gain by the amount of the selling costs. That could result in a big savings depending on the final sale price.
            Interest that is paid … (1 comments)

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Eileen Murphy, Curtis Lee "The Murphy-Lee Team"

Manahawkin, NJ

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