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You are here: Home / Archives for Taxes

Should You Help Your Kids Pay for Their Mortgage?

May 12, 2023 by Patrick Jones

It's important to evaluate your own financial situation before deciding whether to help your kids pay for their mortgage. Make sure that you can afford to provide financial assistance without jeopardizing your own financial security.

Filed Under: Mortgage Tagged With: Helping Your Children, Mortgage, Taxes

The Top Homeownership Expenses You Need To Know

April 18, 2023 by Patrick Jones

Owning a home can be an exciting and rewarding experience, but it's important to be aware of the expenses that come with homeownership. Understanding these costs can help you prepare for and manage them effectively, ensuring a smoother transition into your new home.

Filed Under: Mortgage Tagged With: HOA, Mortgage, Taxes

Tax Deductions Homeowners Can Claim During Tax Season

March 25, 2022 by Patrick Jones

Even though owning a home comes with some significant expenses, some of them are tax-deductible. With many people looking for ways to lower their income tax, there are a few expenses tied to the house that every homeowner should consider. This could make a significant difference in their final tax bills, and it could lead to a large tax refund.

Filed Under: Taxes Tagged With: Repair Costs, Tax Deduction, Taxes

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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