One of the most often overlooked moving details is transfer of utilities. It’s right at the top of my list of items to double-check with a client during final walk-through, but I always mention it several times before that. Frequently I receive a surprised look in return and a comment somewhere along the lines of… Read More
Tax Deductions
New Federal Measure Would Offer Tax Deductions to Millions of Homeowners
New Federal Measure Would Offer Tax Deductions to Millions of Homeowners U.S. Representatives Anna G. Eshoo (D-CA) and Mike Thompson (D-CA) have introduced a measure that would allow homeowners in community associations who earn $115,000 or less in annual income to deduct up to $5,000 of their community association fees and assessments from their federal… Read More
Home Gone Green? You May Be Eligible for Tax Credits
Homeowners who have invested in energy-efficient upgrades, such as fuel cells, geothermal heat pumps, small wind turbines, solar panels and solar-powered water heaters, may be eligible for the first credit. Homeowners who have invested in energy-efficient improvements like insulated roofing, windows and doors may be eligible for the latter. Did you make your home more… Read More
Surprising Ways You Could Save on Taxes This Year
With Tax Day right around the corner, Homeselfe is raising awareness about large tax credits available for those who made energy efficiency upgrades to their homes in the 2015 tax year. Homeselfe wants to ensure American families receive the maximum refund they are eligible for in their tax returns by keeping up to speed on… Read More
Will You Owe Taxes on the Sale of Your Home?
I get asked this question all the time and I know the basics but I am not a tax expert. This is great information from Charles Schwab. The rise in home prices may have slowed in recent months, but many homeowners still saw healthy appreciation in 2014.1 For some, putting a property on the market… Read More
Year End Moves to Trim 2014 Taxes
No one wants to pay more taxes than they have to, so use these five strategies to lower the size of the check you write to Uncle Sam next April. 1. Pay Bills Early If you itemize, pay bills early to increase your deductions. Pay your January 2015 mortgage payment and your 2015 property taxes… Read More