So what does the term Homestead Exemption mean and how does it apply to you? A homestead generally refers to one’s owned, primary residence, and is a protection of the value or a predetermined portion of the equity in your principal dwelling place from some creditors and/or forced sale of your home.
12 Year-End Tax Tips Especially for 2017 Year end brings the craziness of holiday celebrations, the joy of family visits, the excitement of the coming new year, and looming quietly in the background… another approaching tax season. Are you a recent home buyer? Make sure you are well informed about the deductions and benefits available… Read More
I know… the relief of tax season being over has just had a chance to set in. However, if you’re a home owner or a real estate investor you know that tax season never quite leaves your consciousness. You have to be alert all year-round if you’re going to take full advantage of available tax… Read More
Tis the season. Did you know most homeowners can write off all mortgage interest up to $1.1 million for primary and secondary residences, as well as property taxes? Credits for property taxes and other tax breaks are also offered to in 21 states and the District of Columbia. But mortgage interest and property taxes are… Read More
