Off and Running Real Estate

Tax Tips for Homeowners

Homeowners can claim a slew of write-offs to lower their tax bills. There are deductions for mortgage interest, mortgage points and real-estate tax payments. (When it comes to real estate taxes, you can claim a tax-saving deduction even if you don’t itemize.) And when you sell your home, most likely you won’t have to pay taxes on the profit. If you bought a home last year, you might even get to write off expenses you didn’t pay. So make sure you get all the tax breaks you have coming.

Click HERE to read the rest of the article at Kiplingers

For a quick video on the importance of tax planning, click HERE

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