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Why, I Do Declare!

By
Services for Real Estate Pros with The DotLoop Company

Caesar was warned about the Ides of March, but I'm starting to think that the Ides of April are more ominous.

Tonight, I have to do my taxes, as if my allergies weren't bad enough. What is it about April that makes it the nicest and cruelest month at the same time?

Of course, if you're like me and are waiting until the last minute to do you taxes, you may want to check out what sort of tax deductions and credits are available to you.

If you replaced your home's windows or added solar panels to your outhouse, there's always the Home Energy Tax Credit, which includes credit for up to 30% of the cost of upgrades up to $1500.

Perhaps you bought a home that already included new windows and a solar-paneled outhouse. In that case, the Home Buyer Tax Credit may be something to check out (it's been extended until June).

The American Opportunity Credit, a new education tax credit, is also available and, of course, charitable donations are always worthy of a tax write-off. So now's your time to give to the Nick Needs A New Guitar Fund. All donations are 100% tax deductible.

Another type of deduction to look into is the DotLoop Deduction.  This one allows agents to deduct wasted time, wasted paper, and wasted fuel from their everyday real estate transactions, lessening the affects of migraines and traffic jams. 

After all, shouldn't your job be less taxing?

Special thanks to Alex Allison for the blog post idea!

dotloop.com

Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

I mailed my taxes yesterday..the first time before the "Ides of April" in years...Not sure what got into me! Good luck.

Apr 13, 2010 12:55 AM
Ernie Steele
Lebanon, PA

I owed, I owed, it's off to work I go...Mailed mine last week and used the home energy tax credit...Good reminder post.

Apr 13, 2010 01:10 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks for sharing this reminder. Best wishes for continued success.

 Maryland Daffodils

Apr 13, 2010 01:12 AM
DotLoop Company
The DotLoop Company - Blue Ash, OH

Gary,

I am envious that you're done already!

Ernie,

Thanks for the kudos!


And thanks, Roy!

Nick Sweeney
The DotLoop Team

Apr 13, 2010 01:33 AM