by Susanne Novak | Nov 13, 2017 | Buyer Tips
The Trump Administration’s proposed tax law will impact homeowners in 3 ways: Mortgage interest deductions will be capped Local property taxes cannot be fully deducted, and The capital gains exemption when you sell your home will be more difficult to get....
by Susanne Novak | Aug 7, 2016 | Buyer Tips
Did you know that property taxes are NOT the only taxes that fund schools? The School Income Tax is a hidden tax you should explore before you make an offer on a new home. Many buyers select the location of their home based on the school district. They either want to...
by Susanne Novak | Mar 16, 2011 | Buyer Tips
Do you realize that buying a home may have unexpected tax consequences? Most people only think of two when they purchase a house: They will have to pay property taxes, which are typically rolled into their monthly mortgage payment. They can deduct mortgage interest...
