The TCJA of 2019 dramatically increased the standard deduction so that many homeowners benefit from taking that rather than itemizing…
If you are a prospective homebuyer, things have changed in the past year. Most notably, mortgage rates have more than doubled…
If you’re on the sidelines to buy a home, there are things you can do to be ready when you…
Most taxpayers know that they will pay a 10% penalty if they withdraw funds from their IRA before they turn…
There is a significant difference in how the money you spend on your home is treated for income tax…
Serious shoppers wait for a 50% off sale to make the decision because of the bargain factor. Renters who are…
One of the most common reasons buyers want to deal directly with the seller is because they feel they can…
Consideration associated with a contract is generally thought to be the price and terms but being sympathetic and courteous towards…
Paying cash for a home seems like a huge advantage to qualifying for a mortgage and an appraisal. However, for…
94% of purchasers last year opted for a fixed-rate mortgage at some of the lowest rates in home buying history. …
Section 1031 exchange for rental and investment real estate is a tool that allows investors to move the gain from…
With interest rates lower than they’ve been in over 40 years, it may be difficult to think of a “window…
The IRS allows taxpayers the option to take the standard deduction or the itemized deduction. The astute taxpayer will compare…
Prepaid interest, sometimes called “points”, is generally tax deductible when a person pays them in connection with buying, building or…
The Qualified Mortgage Rule came into effect on January 14, 2014 as one of the results to the Dodd Frank…