Tag Archives: A Homeowners Guide to Taxes

Tips for Deducting Moving Expenses

Are you planning a move for a new job? Are you relocating to find a new job? Are you moving and self-employed? Good news: If you meet any of these criteria, you may be eligible to deduct your moving expenses. Few people realize how generous the rules are about moving expenses and often overlook this […]

Deducting Private Mortgage Insurance

Home owners who are eligible to deduct private mortgage insurance, or PMI, premiums can shave hundreds of dollars off their income tax bills. If you put down less than 20% on a home, expect to be required to purchase private mortgage insurance, which protects the lender in the event you default on your home loan. That’s […]

Understanding Property Tax Assessments

 You might not think too hard about your real estate assessment, the dollar value the local government puts on your property value (house and land). You should as the assessment is the determining factor in how much you pay on property taxes. If you have a mortgage, your home lender is probably paying your property taxes out of an […]