If you are like most Americans, your residential property is a big piece of your American Dream, and also one of your biggest assets. All of that comfort and security comes, of course, with some maintenance and other expenses. Want to offset some of the costs of home ownership? One way is to make sure that you are getting all of your tax breaks.
Anita Clark , a top Warner-Robbins GA agent, shares this handy, informative infograph to make sure you don't miss any tax advantage that you are due.
Home Buyer Tax Breaks
Tax season is here and many consumers are not completely aware of the home buyer tax deductions and breaks they may be entitled to. While we all need to pay our fair share of taxes, it is nice knowing we may get a refund if we are able to itemize and claim some of the homeowner tax deductions that are available.
There are costs associated with home ownership, tax benefits of being a homeowner, several ways to to get a tax savings you may not know about, as well as tax savings when you go to sell your home highlighted in the infographic below. For more details about each of the topics, follow this link and get a better understanding of the Real Estate Buyer Tax Deductions you may be entitled to.
If still in doubt over what you can claim, consult with a tax professional before finalizing your annual tax returns. Remember, unless you file an extension, your return needs to be postmarked April 15th or earlier to avoid penalties.
There are many benefits to owning your own home. Potentially saving money on your taxes and netting a return both sound like good reasons to me!
If you found this infographic on buyer tax deductions helpful, please consider social sharing it so more homeowners get an opportunity to view the information as well.
Real Estate Buyer Tax Deductions and Tips
Anita Clark | Cell: (478) 960-8055 | E-Mail
Call Anita Clark, She is a HouseSOLD Name!
All original text, video, and photo content is the exclusive property of Anita Clark Realtor and may not be used without expressed written permission. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed for its accuracy. We recommend to all buyers and sellers that any information of special interest be obtained through independent verification. All measurements are approximate. Information contained in this blog does not constitute legal advice or opinions. Contact a licensed real estate attorney if you have legal concerns.