Answered: Your Most Burning Questions About TOP HOMEOWNER TAX DEDUCTIONS THAT DECREASE YOUR TAX BURDEN
Posted by Judy Orr on
Top Tax Deductions for Homeowners to Reduce Your Tax Burden
It is impossible to avoid paying taxes without getting in trouble with the IRS, and we must all contribute our fair part. Paying your fair share, on the other hand, should not be an undue hardship. Because you pay both income and property taxes as a homeowner, your tax burden is twofold. Take advantage of these homeowner tax deductions to reduce that load and increase your tax savings. You can put your tax savings toward bills owed, home maintenance, saving toward an investment, or something fun.
Using Your Tax Deduction to Improve Your Home
Many people don't seem to have enough money to keep their homes in tip-top shape. Home maintenance is very important to keep larger repair…
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It's the start of the New Year. You might be considering purchasing a new home in Scottsdale or any other Greater North Phoenix location. You have many online resources to search for homes but did you know that sites like Trulia & Zillow don't have every home that's available listed on their sites? They can also have outdated information.
Until just a few years back, the square feet section in our MLS wasn't a required field, so most agents didn't bother with it. It is now a required field but we can put in "0" if we're not sure what the true value is. I will only post square footage if I have a prior appraisal, an original blueprint, it is listed in tax records or a folder/pamphlet from when the property was built. Most of…
I’m not sure if I agree with all of the findings of the article put out by Broker Agent News, but see if you do. The article stated that smaller square footage is in. Not in my Scottsdale homes area. Hardwood floors out? Another one I question, although the article talked mainly about laminate wood grain flooring. Today's laminates are very nice and sometimes I can't tell the difference! Gas grills that use a tank? These are usually not left with the home since they are portable.
I used to advertise in the Southtown Economist, Sunday edition. Sometimes they'd offer a deal for the entire…
Inman News recently published an article titled "Opinion: Why consumer behavior will eliminate the part-time agent," written by Tyler Smith (Founder & CEO of Skyslope and a former real estate agent). This is an older post but still holds true today, especially in our fast-paced seller's market.
This is yet another Throwback Thursday post. It was originally written on November 29, 2005. Sellers are still putting their homes on the market for the summer selling season. We're waiting for two listings to get ready for showings. The sellers are de-cluttering, cleaning up, painting, etc.