Currently browsing: Taxes

Why Tax Prep is Crucial for Mortgage Applicants

November 27, 2024 George Duarte Taxes Comments Off

When you are preparing to buy a home, tax season should be on your radar as it plays a significant role in your mortgage application process. Whether you’re a first-time homebuyer or a seasoned investor, how you file your taxes can have a direct impact on the mortgage you qualify for.

How to Evaluate Property Taxes and What You Need to Know Before You Buy

March 28, 2024 George Duarte Taxes Comments Off

Retirement is a significant milestone in one’s life, symbolizing the culmination of years of hard work and dedication.

Which Big Tax Breaks Are Available From Home Credits

November 13, 2023 lizlaurenb Taxes Comments Off

Property Tax Deduction: Homeowners can deduct the amount they pay in property taxes on their primary residence and any other real estate they own. The property tax deduction is an itemized deduction and can help reduce your taxable income.

Tax Deductions Homeowners Can Claim During Tax Season

March 25, 2022 George Duarte Taxes Comments Off

Even though owning a home comes with some significant expenses, some of them are tax-deductible. With many people looking for ways to lower their income tax, there are a few expenses tied to the house that every homeowner should consider. This could make a significant difference in their final tax bills, and it could lead to a large tax refund.