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You are here: Home / Archives for Tax Deduction

Best Tax Deductible Home Improvements for Homeowners

April 19, 2018 by Patrick Jones

Before delving into tax-deductible home improvements, it's important to understand that these tax deductions won't be applied immediately. In most cases, homeowners can only benefit, tax-wise, from their home renovations later, when they sell their home.

Filed Under: Real Estate Tagged With: Capital Gains, Real Estate, Tax Deduction

Should You Pay Discount Points When You Get Your Mortgage?

April 17, 2018 by Patrick Jones

One of the challenges you will face when deciding how much money to put down on your new home is whether to put down a larger down payment or to take a bit of money from your down payment and use it to buy "discount points" to lower your interest rate.

Filed Under: Mortgage Tagged With: Discount Points, Mortgage, Tax Deduction

How The 2018 Tax Changes Can Affect Your Mortgage

April 11, 2018 by Patrick Jones

When the chatter was at its peak on the 2018 tax law changes being proposed, one of the big areas of concern for homeowners was the elimination of the mortgage interest deduction. Right behind that issue was a similar treatment with regards to property tax deductions.

Filed Under: Mortgage Tagged With: Mortgage, Tax Deduction, Taxes

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