Great news on the legislation front as these developments will assist with the steady recovery in the Real Estate market as we move along in 2013.
Mortgage Cancellation Relief is extended for another year. This enables homeowners to short sale or modify their loans without the burden of a Federal tax on forgiven debt as income.
Mortgage Insurance Deductables remain deductable for filers making less than $110,000/year. This applies to both 2012 and 2013 tax returns
Energy Efficient Tax Credit remains in force for home owners who make energy efficient improvements to their homes. This is a 10% tax credit of up to $500. This has been extended through 2013 and retroactive to 2012.
As with all legislation related to tax issues, be sure to check with your CPA and verify accuracy as well as how these laws impact your finances and your specific situation.
Property Search
RSS Feed
Search Blog
Recent Blogs
Compare Countertop Materials To Consider Both Inside And Outside Your Home - Considering selling your home?
Low Rates Now Will Have Big Impact On Inventory In The Future - Low rates are fantastic for the
Remodeling Surge Battles Supply Shortage ROI Challenges Heres Why - If buying isn’t an option, make
Why Compass And Eastbaypro To Achieve Your Real Estate Goals - Compass is the only real estate
Our Bloggers
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
Click 'Save' to add a property to this list.New & returning visitors please enter your information to login.
This message will go directly to the head of our team.
Español
Francais
Deutsch
Italiano
Portugues 
Chinese 
Russian 