Calculator, pile of papers, taxes, deductions

12 Year-End Tax Tips Especially for 2017

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

Calculator, pile of papers, taxes, deductions

Video: 3 Lesser Known Tax Breaks Homeowners Frequently Miss

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

3 Lesser-Known Tax Breaks Homeowners Miss

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

Couple holding paperwork sitting at a table with their agent - Advice for Home Sellers - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Busting First-Time Home Buyer Myths

When buying a first home, most people are making one of the biggest purchases of their lives. Without home buying experience, it can be difficult to separate fact from fiction. Get the facts on these common first-time home buying myths: Myth – It takes a 20 percent down payment to buy a home. Reality –… Read More

Home office deduction. Do you qualify?

Dedicated Space With very few exceptions, the part of your home you use for your business must exclusively and regularly be used for the business, not personal activities. As an example, if you worked 40 hours a week in the home office but allowed your children to play video games on your home office computer,… Read More

Mortgage Financing and Subprime Mortgages - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Get to know the tax deductions for home owners.

Whether you’re buying a home, selling a home or staying right where you are, there’s a wide range of deductions you can take. Some of them are well-known, some less so, and there are a lot of twists, so it pays to review the rules. The IRS has outlined key home deductions in Publication 530…. Read More