Taxes

Feb. 1, 2024

Examining the Historical Trends: Election Years, Real Estate Taxes, and Their Influence on Home Prices

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As election seasons roll around, it's natural for homeowners, buyers, and sellers to wonder how the political landscape will impact the real estate market. One area of particular interest is the relationship between election years, real estate taxes, and home prices. By delving into historical trends, we can ...

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Posted in Home Prices, Taxes
Jan. 25, 2024

Understanding Real Estate Tax Types: A Guide for Homeowners

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Owning a home comes with many responsibilities, including understanding and managing various types of taxes. Real estate taxes are an important aspect of homeownership, and having a clear understanding of the different tax types can help you navigate the financial aspects of owning a property. Let’s explore the different real ...

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Posted in Taxes
Jan. 19, 2024

Are Real Estate Appraisal Deductions Tax-Deductible? Here's What You Need to Know

When it comes to tax deductions, homeowners often wonder if they can deduct the cost of a real estate appraisal. After all, it's a significant expense that comes with buying or selling a property. In this blog post, we'll explore whether real estate appraisal deductions can be deducted ...

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Jan. 12, 2024

Navigating Property Sales and Capital Gains Tax: Expert Tips for Homeowners

Property sales can be both exciting and daunting for homeowners. One important aspect to consider is the capital gains tax, which can significantly impact your financial outcome. We’ll explore the basics of capital gains tax and share best practices to help you navigate the process successfully, so you can worry ...

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Posted in Taxes
Jan. 5, 2024

Navigating the Financial Landscape: Understanding Interest Rates, Mortgages, and Property Taxes

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Buying a home is a significant milestone for many individuals, but it also comes with a set of financial considerations. Understanding key aspects can help you make informed decisions and navigate the complex world of real estate finance.

Interest Rates: The Game-Changer

Interest rates play a vital role in determining ...

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April 5, 2019

Taxes

 

It’s time for taxes! I just sold my home do I have to pay taxes? If you owned and lived in the home for 2-5 years prior to selling that up to $250,000 is tax free. And if you are married and filing jointly then it is $500 ...

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Posted in Taxes