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How the Proposed Tax Law Will Impact Home Buyers in Columbus

How the Proposed Tax Law Will Impact Home Buyers in Columbus

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....
School Income Tax Resources You Need to Read before Buying a Home

School Income Tax Resources You Need to Read before Buying a Home

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...

Tax Consequences of Homebuying You Never Thought About

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...

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