Tuesday, January 02, 2007

Your Home as Your Biggest Tax Advantage!

Did you know that your home is more than just one of the biggest investments you can make; it can be a windfall when you file your taxes as well? The U.S. tax code is especially generous to homeowners, allowing them to deduct the interest of their home mortgages, and it also allows for deductions on a number of transactions that are made when buying or selling a home.

Sorting out the tax code regarding home ownership can be confusing. That’s why this month’s Client Appreciation Program is all about the tax advantages of homeownership, how it affects your tax return, and how you can avoid paying more than you should on your taxes. In addition, you’ll find details about when you can (and can’t) use your home office as a deduction on your taxes. In order to receive this mail out please contact us at Nolting Real Estate by calling 636-391-9997. We wish you the best in this “taxing” season!

Sincerely,
Russell Nolting