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Showing posts with the label homeowner taxes

Use Your Tax Refund to Move Closer to Homeownership

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  You’ve been working on your savings and dreaming of that moment when you finally have keys to a place that’s truly yours. What you might not realize is that your tax return could give you a little extra cash to help you get there sooner. As  Freddie Mac   notes : “ . . . your tax refund from the IRS can be a useful supplement to your homebuying budget.”  So, if you’re getting a tax refund this year, you can use it to help you pay for some of the upfront costs that come with buying a home, like the down payment and closing costs. And here’s the best part. On average, people are getting even more money back in their refunds than they did last year. While it’s not a big increase, the visual below uses  data  from the  Internal Revenue Service  (IRS) to show the average individual’s refund is 3.9% higher this year: Of course, how much money you may get in your tax refund is going to vary. But when it comes to buying a home, any extra cash can help m...

Homeowners Tax Guide for year 2022

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 I want to share the HOMEOWNER'S TAX GUIDE with you. I trust you will find the information contained within is helpful to you.  Click here to view the guide . If you know of anyone who would find this information useful, please pass it along to them or have them give me a call. This guide is an overview of the Federal Tax Code as it relates to homeowners. Please note the guide is for informational purposes only.  For information and advice related to all tax matters, please contact your tax professional. If you need a referral for a tax professional, please let me know.  If you have any questions about this summary, please give me a call! (858) 382-3763. Your trusted real estate agent, Hope Leitner