Here is a tax tip I didn't know about, and may be you didn't either. I had two buyers last year I know of paying PMI. They can deduct it from last years taxes using schedule A line 13. Let your buyers know they may appreciate this tip. Remember every little bit helps.
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,
Hi John:
That's a good tip and reminder for us to tell our previous buyers...
Jan 17, 2009 02:18 AM
eXp Realty LLC - Tigard, OR
Principle Broker Oregon
I didn't know that either and I am going to send that out in my next e-mail to all my clients that are paying PMI.
Thanks for the heads up.
Jan 17, 2009 03:31 AM
Red Lodge, MT
ASA, TRC, SFR
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!
These tax deductions right now can be very handy on the tax returns...filing early may put your cash back in your pocket and getting all the deductions one deserves just sweetens the pot. Nice tip John.
Jan 18, 2009 10:21 AM
Homes Arizona Real Estate LLC - Mesa, AZ
AzLadyInRed
Thanks John....I'll ask my CPA about this new deduction. I think it's a great idea. ;-)
Jan 18, 2009 11:41 AM
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator
Great ttip for everyone. We have already sent out an email to our buyers.
Jan 20, 2009 04:26 PM
Rainmaker
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