Wondering how to get a mortgage, but scared to death you’ll mess things up? To be sure, buying a house is exciting, but there’s a fine line between excitement and pure, unadulterated fear. This emotional roller coaster can be partly explained by the fact that “money represents so much more than just currency,” according to Emily Stroud, a […]
Claiming Property Taxes on Your Tax Return
Some states, cities and counties assess property taxes on various types of property you own that produce income, such as tools and other equipment. Every local district has its own list of what type of property is taxed and specifies how taxpayers should determine the item’s taxable value. For example, Miami-Dade County in Florida requires taxpayers to […]
What Are the Tax Benefits of Buying a House?
As a result of Donald Trump’s recent tax reform, up to 90 percent of taxpayers who formerly itemized their returns may do better to claim standard deduction. (Getty Images) When it comes to buying a home, reaping the tax benefits is a bonus. But, experts warn, tax benefits for homeowners and homebuyers shouldn’t be the sole reason […]
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