It’s a brand new year and many people are considering a move. In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might […]
Are Closing Costs Tax Deductible?
Are Closing Costs Tax Deductible Under the New Tax Law? By: Leanne Potts Published: December 21, 2018 Here’s the scoop on what’s tax deductible when buying a house. Are closing costs tax deductible? What about mortgage interest? Or property taxes? The answer is, maddeningly, “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than […]
Tax Deductions for Homeowners
Tax Deductions for Homeowners: How the New Tax Law Affects Mortgage Interest By: Leanne Potts Published: December 21, 2018 Tax changes for 2019 change the landscape for homeowners. Tax season is upon us once again, and to make it even more interesting this year, the tax code has changed — along with the rules about tax deductions for homeowners. […]
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