I was recently reading the article about The Top 5 Tax Breaks for Homeowners produced by Inman News.  The question poses that a recent home buyer bought a home, put $33,000 down and financed the remaining $28,000 with a mortgage company.  While this is not realistic in Western Prince William County or any part of Northern Virginia, the principles noted can easily be applied to help one realize owning a home right now just makes sense.

Home Improvement in Prince William County

Many of us know that mortgage interest that we pay each month can be deducted. It is important to know that when you settle on your Haymarket Virginia Home, you will also pay some mortgage interest up front at closing and this too is also deductible. It is a pro-rated amount based on what date you settle.

Also, of notable interest is the idea that some improvements you do to your home may give you a tax break.  You can find out out what improvements will give you a tax break, especially those that make your home more energy efficient like new windows or tankless hot water heaters. If you are considering making an improvement to your Prince William County home, the following is a great reference as it spells it out in layman's terms; check the TurboTax website.

 

I am an Associate Broker in Western Prince William County who has been in the Real Estate Industry for over 20 years. I was born and raised in Northern Virginia and I have dedicated myself to this industry by helping my clients find their dream homes.  If you or anyone you know is looking to buy, sell or invest in Real Estate, contact me! 

I proudly serve the following areas:

~Western Prince William County including Haymarket, Gainesville, Bristow, Nokesville, Manassas

~Eastern Prince William County including Lake Ridge, Montclair, Woodbridge

~Loudoun County including Ashburn, Leesburg, Middleburg, The Plains, Sterling, South Riding, Aldie

~Fairfax County including Centreville, Chantilly, Fairfax, Fair Lakes, Oakton, Herndon, Reston

~Fauquier County including Warrenton and New Baltimore


_______________________________

Tammy Trenholm

Associate Broker, Linton Hall Realtors

info@HomesinPrinceWilliamCounty.com

(571) 248-1575 moblie

(703) 485-4554 office

(703) 365-9125 fax

www.HomesinPrinceWilliamCounty.com

 


Let's Connect!

 

 

 

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Tammy Trenholm Associate Broker - Real Estate Agent

Haymarket, VA

More about me…

Redfin Corporation

Address: Haymarket, VA, 20169

Office Phone: (571) 383-8901

Cell Phone: (571) 383-8901

Email Me



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