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Would you like to get some straight answers?  Answers to your toughest questions, like, what is my property worth and how long will it take to sell?  What is the value of this property and how much should I offer?

I have been assisting Sellers and Buyers for over 17 years here at the Lake of the Ozarks. If you want straight answers to your tough questions regarding real estate, I would be happy to show you what it will take to get you "RESULTS"!

Friday, February 7, 2014

Mortgage Interest Tax Deduction

Homeownership has long been the great American dream. Our tax laws have encouraged and indeed nurtured homeownership in three important ways: when you file your annual income tax return, you can deduct the interest you pay on your mortgage (up to a certain limit) ,and you can also deduct the real estate tax which you pay to your State and local governments. And when you sell your home, depending on the facts and circumstances, you can completely exclude a sizable portion of the profit you have made.
There remains uncertainty as to how (or even whether) Congress will make radical changes to our tax laws. But for now, the benefits remain. The IRS has announced that personal returns can now be filed beginning January 31st.
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