Many older homeowners are missing out on this big tax break If you’re an older homeowner in need of more cash, many states offer a little-known way to slash your property tax bill. In about two dozen states, older homeowners can legally defer their property tax bills, Money magazine reports. These programs allow you to … Continue reading Don’t let these tax breaks pass you by
~ where does you state fall? CA is 28th on the list ~ States benefiting the most from the new tax code Take a look at how the tax overhaul affects different states In late 2017, the House of Representatives passed the final version of a $1.5 trillion tax bill, the most comprehensive overhaul of … Continue reading States benefiting the most from the new tax code
How homeowners win and lose under the new tax law What you should know if you’re considering buying a new house this year Alliance Atlantis Vivafilm / Courtesy Everett Collection With prices surging in many areas, buying a new home can seem more attractive than ever. Here’s what to know about the tax implications. Home … Continue reading Wins and Losses in TCJA
~ Tax season is coming up. Hopefully this book can help you out!~ Tax Strategies for the Savvy Real Estate Investor
~this is interesting~ The size of your tax refund depends on where you live Last year, the IRS sent $324 billion back to taxpayers. Nearly eight out of 10 received a tax refund worth an average of $2,895. SmartAsset analyzed 2016 data from the IRS to find the average tax refund in each state and … Continue reading The size of your tax refund depends on where you live
~interesting read, but I wish they gave more #s to show~ Are Tax Reforms Worth the SALT in High-Priced Markets? An analysis released by real estate insights and analytics firm HouseCanary, has estimated the effects of the tax reforms bill on the housing market across major metropolitan and suburban areas (MSA) especially when it came … Continue reading Are Tax Reforms Worth the SALT in High-Priced Markets?
New tax laws may kill the beach house dream Dreaming of a beach house? You might want to think twice about that, given tax changes that just kicked in will make owning a vacation home more costly and may tank the resale value of the second-home market. Prices could drop about 10 percent in some … Continue reading New tax laws may kill the beach house dream
How your taxes will change under the GOP tax plan depends on many factors President Trump has hailed the GOP tax plan as a "giant tax cut" for the middle class. While many people will pay less tax in the next few years, just how much less will vary greatly. Plus, some individuals will end … Continue reading How your taxes will change under the GOP tax plan depends on many factors
The 5 breaks you'll miss most if the GOP tax bill passes Get ready to lose a handful of your favorite tax breaks under the GOP tax bill. The legislation, known as the "Tax Cuts and Jobs Act," doubles the standard deduction from its current levels of $6,350 for singles and $12,700 for married couples … Continue reading The 5 breaks you’ll miss most if the GOP tax bill passes
Real Estate Agents Mobilize to Shield Homeowners on Tax Plan For decades, the real estate industry has benefited from generous tax deductions that raise home values by making it cheaper for people to own property and shoulder their local taxes. Now, as the Republican tax plan makes its way through Congress, the industry is worried … Continue reading Real Estate Agents Mobilize to Shield Homeowners on Tax Plan
Renae Walker ~ Realtor 