taxes: Tax Breaks that Could Save You Thousands
- 03/11/16 12:06 AM
Homeowner Tax Breaks that Could Save You Thousands this Year As a homeowner, there are several major tax credits and deductions for which you may be eligible. They could save you up to thousands of dollars, so be sure to take advantage of them if they apply to you. Below is a list of the most important options for homeowners to save big on their taxes: Mortgage Interest Deduction (MID)The MID is probably the most important deduction for homeowners. It allows most people to deduct all of the interest they paid on first and second mortgages as well as home improvement loans on first … (0 comments)
taxes: Some Tax Tips if you're buying a new home
- 02/20/16 09:04 AM
Tax Tips if you're buying a new home Talk to your Tax Advisers My opinions and views are just that opinions. I am not a tax expert. Your financial situation is best discussed with experts. A recent article in Realtor.com suggests a different tack "The higher your reported income, the bigger the home loan you may qualify for. So if you're planning to buy a house in the next year or two, you may want to be less aggressive about claiming writ-offs." Whip your taxes into shape Loan Originators Agree Brian Decker with Guarantee Rate explains it this way, “Is paying an extra few thousand dollars in state and federal … (1 comments)
Homeowner Tax Breaks that Could Save You Thousands this Year As a homeowner, there are several major tax credits and deductions for which you may be eligible. They could save you up to thousands of dollars, so be sure to take advantage of them if they apply to you. Below is a list of the most important options for homeowners to save big on their taxes: Mortgage Interest Deduction (MID)The MID is probably the most important deduction for homeowners. It allows most people to deduct all of the interest they paid on first and second mortgages as well as home improvement loans on first … (0 comments)
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