With the 2019 holiday season now behind us, we’ve officially rung in a new year, and a new decade. That means it will soon be time to start gathering information and preparing for your upcoming taxes. Over the past few years, there have been some significant revisions in the U.S. tax law. So, without having [...]
If you’re planning to sell your home soon, then you may be eligible for some nice tax deductions, exemptions, and / or write offs that can add to some sizable savings when you file your return. One key element that may be deductible are the costs of getting your home sold. This can include the [...]
If you've built up a considerable amount of equity in your home, then you may have visions of using those funds to pay for upgrades, improvements, or even for adding more living space to your house. Before you do that, though, it's important to have a good understanding of how President Trump's new tax law [...]
Now that President Trump's new tax rules have been put into motion, there may be a couple of additional items that you'll need to put on (or take off) your To-Do list if you are planning to purchase a new home. You may also find that being a home owner might not have all the [...]
If you've recently inherited a home or other property from a loved one, you may be wondering whether or not to put it on the market for sale, or to keep it and use it as a rental. In any case, though, there may be certain tax related issues for you to be aware of. [...]
With the start of a brand new year, many people will look ahead and map out goals and aspirations for what they would like to accomplish - and for some, this could mean purchasing a new home. If this includes you, there are some things that you need to know before moving forward, though - [...]
While you may have heard that the new tax law - passed by Congress in December 2017 - will have an impact on those who are obtaining home mortgages, as well as those who have home equity loans, what many people are not aware of is the fact that this ruling could also impact those [...]
For many home owners - and particularly those who have a fair amount of equity in their property - securing a home equity loan or line of credit can provide a great way to tap into funds for making improvements to the property, paying off higher-interest debt, or just about any other financial need. And, [...]