People often ask me, their Realtor, about the many Tax benefits of Home Ownership. While it certainly isn't the number one question that I'm asked, it still surfaces on a regular basis. Of course I explain to people that I am not an attorney or tax planner. I only know what I've read (like them) and therefore do not give tax advice. On the other hand, I always try to point my clients in the right direction so that they can find out for themselves the right and the wrong of any given question that requires expert advice beyond that of a Real Estate professional.
Here is an article worth clicking your mouse on today. I used it once before but believe it is worth using again.
Five Ownership Tax Myths -- Owning a home usually provides substantial tax breaks. But sometimes, the tax code's complexity gets in the way.
Take the time to read, digest and of course don't forget to consult with an accountant or attorney. Remember, an article is never enough in itself, you need professional guidance.
David L. Burrows, Realtor
Envirian of Warrenton, Warrenton, VA
Selling thought for the day:
When you are selling your house it is no longer your home - it is a house for sale.
Interested in some great reading on selling your home? Take a look at these articles on my website: Selling Your Home: Where do you begin?
Seller Guidance: I would encourage you to employ a Realtor to help you sell your home. When your agent or another agent is showing your house, go away and let them do your work for you. I also urge you to utilize my FREE SELLERS TOOLKIT before selling your house.
Buyer Guidance: I would encourage you to really check out anything and everything you are told by a well meaning seller. Employ the services of a Buyer's Agent to help you discern what you read and listen to about the area you are thinking of calling home. I would also urge you to get my FREE BUYERS TOOLKIT before heading out on the journey to find your new house.
Try this link to help you find your next home: Fairfax Homes For Sale When you land on the main page try one of our custom searches listed on the bottom of the page. No registration is necessary for the Fairfax MLS general search on my site. If you check the box to receive automated updates sent to your email, you will be required to give us your name and a valid email address.
Northern Virginia Information - Here you will find answers to your questions about schools, auto registration, taxes, things to do this weekend, popular destinations. It only takes a moment to look and it is free with no registration required!
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David Burrows and Envirian of Warrenton disclaim liability for any damages or losses, direct or indirect, that may result from use of or reliance on information contained in this blog.