tax

Should I Pay My Property Taxes Early?

The property tax deduction is one of the biggest benefits of homeownership — even with the latest tax reform. Though new tax laws cap the deduction at $10,000, the large majority of American homeowners fall under this threshold, meaning they can deduct the full amount of their property taxes year after year, for as long [...]

By |2018-09-12T14:46:43+00:00September 13th, 2018|Categories: Financial|Tags: , , |

Real Estate Agent Expenses You Should Be Meticulously Tracking

If you aren't tracking your business expenses or waiting to the last minute to recreate a year's worth of traveled miles, phone bills, office supplies purchased, or any other deductible expenses, you may be missing out on significant savings. Expense Tracking for Agents Whether you're self-employed or working for a brokerage from your home office, [...]

By |2018-08-08T09:32:02+00:00August 7th, 2018|Categories: Real Estate Agents|Tags: , , , , |

CPAs Answer Homeowner Questions About the New 2018 Tax Law

Since the final version of a $1.5 trillion tax reform bill was passed in December 2017, taxpayers across the nation have been trying to figure out how the changes will affect their lives and finances. As a mortgage company, we’ve done our best to keep homeowners informed about how specific provisions may impact them. We’re [...]

By |2018-06-26T05:27:23+00:00April 6th, 2018|Categories: Financial|Tags: , , , |

Buying a Second Home? What the Latest Tax Reform Means for You

The latest tax reform impacts all Americans, but in particular, homeowners. Just see our latest blog for full details on how it influences your current mortgage—as well as your annual income taxes and deductions. But what about second homes and vacation properties? If these are on your radar for 2018, you’re probably wondering how recent [...]

By |2018-08-09T02:46:06+00:00April 3rd, 2018|Categories: Financial, Mortgage|Tags: , , , |

How the Mortgage Interest Tax Deduction is Changing in 2018

Most of us are aware that tax reform was passed through Congress late last year. But how exactly do those changes trickle down to our real lives—and pocketbooks—in 2018? Well, if you’re a homeowner—or you’re thinking of becoming one this year—it could impact your annual tax returns, specifically how you file them, what deductions you [...]

By |2018-03-27T12:25:48+00:00March 28th, 2018|Categories: Financial, Mortgage|Tags: , , |

The Complete Guide to 2018 Tax Deadlines

Paying your taxes late is never an option—at least not if you want to avoid penalties or putting that coveted refund in jeopardy! Unfortunately, the tax system can be a little complicated, and it’s often hard to know when to file, what to pay, and what form to use to do it. To help guide [...]

By |2018-04-06T09:56:58+00:00March 23rd, 2018|Categories: Financial|Tags: , |

3 Practical Things You Can Do with Your Tax Refund

Though it’s tempting to spend that hefty tax refund on splurge items—shopping sprees, a vacation or even just a fancy dinner out—if you’re a homeowner, you may want to think twice. Large tax refunds can actually be a great way to lower your mortgage balance, save money on interest, and even improve the value of [...]

By |2018-03-14T11:24:57+00:00March 15th, 2018|Categories: Advice, Home|Tags: , , |

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