Tax Breaks

I think my immediate response would be talk to your CPA or tax preparer. I see no issue with passing along info or tips you might have heard.

I think my immediate response would be talk to your CPA or tax preparer. I see no issue with passing along info or tips you might have heard.

Actually, I should send an email to all my clients who bought the home this year - with a copy of HUD. This helps, I am sure.

Thanks for this post... it's very valuable and I will be using it...

I would be very careful about how to write this kind of information. In North Carolina one could be accused of practicing tax law. If you do write, make sure there's always a disclaimer that tells people to consult with their tax advisor.

Any information we pass along o a client should have a lot of open doors and the advice to check with a tax advisor for complete details

The post is good the subject is not my favorite

Thank you for posting.  And don't forget to deduct the taxes you paid on your vehicle registration each year for all vehicles...or other personal property that was taxed.

very timely information, thanks

That's a good idea, people always have questions about those things and it is not a day to day issue so they tend to look on the internet

Thanks for including these tax links.  They look very helpful.  First-time home buyers likely are the most appreciative for receiving helpful tax information!

There are federal and state tax incentives for energy efficient home improvements. My blog post has link for interactive State Map of tax breaks.

Link for State Map

I'm planning on dropping of a copy of the settlement statement to all of my Buyer clients from last year.  It's a great excuse to get in front of them again, and will be a welcome reminder that they will have some new tax deductions this year!

I always send tax best practice information to my clients each year. It winds up in their "to keep" file

I wish I had seen this post earlier... thanks for sharing!

And this topic is also for Trulia Contributor! Hope to learn a lot from these posts. Thanks, ActiveRain.

Thx so much for the idea and also for the free stock photos.  Those really help.

Actually, these images require attribution, so you really might want to clarify that before someone gets somethemselves into trouble.