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As I was driving to the office this morn, it occurred to me ,a few people may have questioned..." How do tax deductions relate to taking maximum dependant and what does that have to do with Real Estate"? The answer ...many buyers are stretched to make a payment on a home they need.By taking the max deductions--depend ants-- less taxes are taken from their pay check..thus providing more money monthly. PLEASE remember...buying a home also increases your allowable tax deductions....interest and taxes are deduct able !!!!! Thus an average home (250,000 in Denver) could provide a tax savings of 3000+ a year...or $300 month !!!!! renting does not provide these tax deductions.. !!!!!!! A renter paying $1000 per month would have the same effective payment of $1300....after the tax deduction.
"HOW MUCH MONEY YOU EARN IS IMPORTANT, HOW MUCH YOU TAKE HOME IS VITAL"
REAL ESTATE OWNERSHIP IS VITAL IN HOW MUCH YOU TAKE HOME !!!!!!!!!!!!!!!!!!!!!
OKAY... so where is this gorgeous home..it is in the foothills above Denver Metro..it is 25 minute's to Downtown Denver !!! The views are spectacular..the tranquility is sweet, it is not priceless..please visit my web site for details ..tour and info...Di-DenverRealty.com
Make it a fabulous Day !!!!
Take Care
Gar
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