Category

Tax

Filing For Homestead Exemption

Save hundreds and maybe thousands of dollars on your property taxes! You may apply for homestead exemptions on your principal residence. Homestead exemptions remove part of your home’s value from taxation, so they lower your taxes. Who Qualifies for Homestead Exemptions If you purchased an owner-occupied house this year and the home is your principal...
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Maximize Tax Savings With Home Related Deductions

Tax season is here, but there is still time for homeowners to maximize their tax savings. Here are tips to help you reap home-related deductions.  Disclaimer: Please consult your tax advisor before taking any of these deductions. The Holy Grail of All Tax Deductions: Mortgage Interest The most significant tax deduction available for many people is...
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