Spring Forward

Spring forward neighbors and if you are like me; excited that the sunshine is about to cast its hot rays upon us. I LOVE the warm weather: it gives us all a chance to get out there and frolic together by the water. I myself love a long bike ride along the beach or a boogie board romp with mother nature. It's also a great opportunity to meet or get re-acquainted with our neighbors and see what the hell is really going on in our neighborhoods. Open houses are springing up left and right and I strongly suggest that you visit a few to see what is selling and what is not. A great opportunity to find out where you stand in the market and maybe find yourself wanting a change.


Now April is approaching quickly and we all know what that means TAX TIME!!! eeekkk!

Here are some Real Estate Deductions that are often overlooked :

• Home acquisition mortgage loan fees.



• Home improvement loan fees.



• Loan fees paid to refinance a home loan ( or borrow against other real estate).



• When refinancing, deduct any undeducted loan fees.



• If you bought or sold property in the past year remember to deduct prorated real estate taxes.



• Deduct prorated mortgage interest in the year of property purchase or sale.



• Mortgage prepayment penalty.



• When land rent payment qualify as interest deductions.



• Home construction loan interest.



• Deduct prepaid property taxes and mortgage interest.

compliments of Fidelity National Title

For a more detailed explanation please contact me....

See you around the neighborhood!