market research: Tax Benefits of Owning a Home
- 03/07/08 08:55 AM
Daily Real Estate News | March 7, 2008Tax Benefits of Owning a Home Before a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone. Here's why: Mortgage interest deductions, including in some cases mortgage insurance premiums, reduce home owners' tax liability by reducing income. The deduction includes interest paid on both a first and a second home. Interest on home equity loans is also deductible - whether the borrower uses the money to remodel the kitchen or to take a vacation to Disney World. Profits from selling … (1 comments)
market research: Housing Market Ready to Rebound?
- 02/29/08 04:41 AM
Here is an interesting article that I came across today: Daily Real Estate News | February 25, 2008 Housing Market Ready to Rebound? Is housing about to enjoy a spring thaw or will it remain in the deep freeze? Some observers are optimistic. "I think this is the best buyer's market that has existed in a decade, maybe longer," says Russell Shaw, in his 30th year with John Hall & Associates real estate in Phoenix. "There is tons of inventory, great interest rates, and the prices are back in line. If people have a good track record of paying their bills, the loans are … (1 comments)
Daily Real Estate News | March 7, 2008Tax Benefits of Owning a Home;)
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