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Santa Clarita homeowner tax tips

By
Real Estate Agent with 661-212-2896 DRE # 00826786

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Working on your taxes? Yes, it's that time of year. being a home owner means we have more deductions! I just read a good article with tips for homeowners doing their taxes.

5 Tax Tips, Tricks, and Traps for Homeowners:

1. Itemize your return to claim your deductions.

2. Plan ahead - be strategic when planning office deductions.

3. Tax relief for loan modifications, short sales, and foreclosures will only be around through 2012.

4. Anticipate income tax consequences of a refinance or property tax appeal.

5. Don't foget those closing costs.

The full article can be found at WalletPop