Archive for the ‘Taxes’ Category

Barney Frank says mortgage interest tax deduction is safe!!

Barney Frank says mortgage interest tax deduction is safe!!

Why would anyone start believing this man now? This man does not believe in the mortgage interest deduction. Don’t be surprised when he votes to see the deduction reduced and or eliminated in its entirety. Read the interview and decide for yourself.

Posted in Buyers, Home Sellers, Real Estate Articles, Taxes | No Comments »

5 Tax Tips, Tricks, and Traps for Homeowners

5 Tax Tips, Tricks, and Traps for Homeowners

Ask a roomful of homeowners what’s so great about owning versus renting, and you’ll hear them holler in unison: “the tax deductions!” And it’s true – homeowners who itemize their taxes are able to deduct 100% of their mortgage interest and property taxes from their income tax returns. Five essential need-to-knows about home-related income tax [...]

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Posted in Home Sellers, Real Estate Articles, Taxes | 1 Comment »

IRS decides to be more lenient on liens

The use of tax liens has soared more than 60% since the start of the recession, according to IRS Taxpayer Advocate Nina Olson. Olson has called on the IRS to moderate the use of this collection tool, which can make it difficult for an individual to find a job, obtain affordable housing, or buy insurance [...]

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Posted in Home Sellers, Real Estate Articles, Taxes | 3 Comments »

Measure S- $270 Million for GUSD schools

Measure S- $270 Million for GUSD schools

Measure S proposes to issue $270 million worth of bonds to be used toward Glendale Unified School District campuses, including those in Montrose and La Crescenta. These funds would be strictly monitored and are aimed at improving campus technology, classrooms, science labs, libraries and safety. Measure S will have an impact on the areas’ property [...]

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Posted in Buyers, Home Sellers, Real Estate Articles, Taxes | 5 Comments »