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Facing capital gains on investment property? Here’s one way to defer taxes. WASHINGTON – Feb. 13, 2012 – “Taxation with representation ain’t so hot either.” – Gerald Barzan, humorist If you own investment property, Read More...
If you’re in the market for a home, the world is your oyster. Interest rates are at record lows. Housing prices in many parts of the country are still depressed. And you may be eligible for a generous tax break, even if the home you buy isn’t Read More...
The new law extends the tax credit for first-time home buyers and opens it up to some existing homeowners as well: The credit is now up to $8,000 for first-time buyers and up to $6,500 for repeat buyers. All buyers must have a binding contract on a house Read More...
Though moving can be rather expensive, still, you might be able to deduct a substantial portion of the cost from your taxes ! That’s good news for everyone when April comes. Still, there are a few rules governing the amount you can deduct. If you Read More...
It feels good to be a homeowner, and you’re going to feel even better when you take advantage of the tax cuts that are only available to homeowners. The shifting economy of the past year or so has created additional tax deductions . Plus, increasing Read More...