All so often we see articles titled "Should I Sell My Home During the Holidays?"
Although this is a great question, and often produces some great discussions on all the positives and negatives of Selling or Buying during the Christmas Season... the questions and the discussions often stop there.
There is an additional question that should follow that one... but rarely does it come up in blog posts. That concerns "Buying or Selling your home after January 1st."
Businesses often end their fiscal years on December 31st... which obviously means that their new fiscal year... and their new yearly budget starts anew on January 1st.
Sometimes yearly company budgets have run dry much before December 31st of the previous year... and many companies find themselves somewhat inactive as far as "making moves" at the end of the year.
For many companies, and even more so for many individual "sole proprietors"... the First of The New Year offers a brand new start, and many folks want to "get out of the gate" as soon as possible.
Tax benefits also come into play for folks wanting to provide a great tax deduction for the next year's taxes... and being able to deduct moving expenses can be a real money-saver.
If you have thought of relocating... and need an excuse, or a reason, to get started.. there are many, many reasons to get a jump on things right after the first of the year. And... if those tax rates DO go up... that will mean even more of a tax deduction. Ya gotta love those refunds!
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Carolyn Kolba of Keller Williams Realty in Mentor, Ohio has been helping families in Lake County, and Eastern Cuyahoga County market their homes, purchase new homes, and tend to their real estate needs her entire career. She can be reached at (440) 567-7211. Call Carolyn Today!
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