Lapeer MI Property Taxes | How They Can Impact Your Mortgage PaymentProperty taxes can have a big impact on your monthly payment When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your […]
One of the most contentious topics among homeowners is property taxes, so it’s pretty likely that it’ll come up at one of this summer’s backyard barbecues, between bites of burgers and your neighbor’s famous potato salad. Yet, for all the complaining, surprisingly few people try to appeal their property tax assessment, even though they could […]
This weeks article from Craig Donofrio in the current Housing Trends eNewsletter titled, You Could Get 3 Big Tax Breaks – If You Buy a Home in 2015 … So you didn’t buy a house last year. That’s OK—you haven’t missed the boat yet on low mortgage rates or a healthy inventory of homes. In many ways, […]
Article in the current issue of Housing Trends eNewsletter from Angela Colley, 5 Tax Mistakes New Homeowners Make, discusses tax issues for new homeowners … Few people look forward to tax season, and when you’re a new homeowner in Metamora MI, filing can be even more daunting. Suddenly, you have new forms to fill out and more potential for […]
What you can and can’t deduct when you work from home. Working from home can offer many advantages including tax deductions. Just take care what you try to write off for your home office on your return. Passing the IRS Litmus test To meet IRS guidelines, your home office must be your principal place of […]