South Tampa Realtor
Relocating? Deducting Moving Expenses on your taxes may make your relocation a little less stressful. Here are the IRS rules to see if you qualify: If you are moving due to a change in your job or business location, or because you started a new job or business, you may be able to deduct your moving expenses. […]
Thinking of Living for Free? New Law to Expedite Foreclosures…. By SHANNON BEHNKEN | The Tampa Tribune A controversial bill in the legislature would speed up foreclosures in Florida and remove the process from the court system. “This would have a profound and dramatic change on the foreclosure landscape,” said John Byrne, a Tampa lawyer […]
If you purchased a home and are paying PMI (Private Mortgage Insurance) you may be able to deduct the mortgage insurance payments on your taxes! Question 1: I bought my main home in 2008 using a mortgage and I pay monthly premiums for mortgage insurance. Can I deduct these payments? Answer: In general, if you […]
WASHINGTON, D.C. — – Homeowners stuck with tainted Chinese drywall could be eligible for big tax breaks. The Internal Revenue Service said Thursday it would consider granting a tax deduction for homeowners who can prove they have suffered “sudden, unusual and unexpected” damage because of the building material. In a market where many houses are […]
The Tampa Real Estate Insider is very excited to announce that Rob Turner, the Hillsborough County Property Appraiser will be the guest speaker at our next Tampa Real Estate Meetup Group on January 14th, 2009!!! Have a question about your property taxes? Here’s your opportunity to ask the property appraiser. Many new to the area looking to invest, […]
The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April […]
Home Owner Move-Up/Repeat Home Buyer Tax Credit FAQ The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 […]
If you are looking to use the first time home buyer tax credit, here is the information on changes and the extension. I’ve also posted links to a spreadsheet that provides more details on changes to the tax credit. Please take the time to read over the Frequently Asked Questions document as well. Please let […]
Here’s an update on the home buyer tax credit which is hopefully going to be EXTENDED until June 2010. This will make a big impact on Tampa Real Estate, since many buyer’s have now run out of time to purchase a home by Dec. 1st. Glad to see they are working on extending it! WASHINGTON — Senators […]
There is no official news that the tax credit will be extended past the Dec 1st deadline. Realtors are campaigning to ask Congress to extend the credit for one year. As a Realtor, I can assure you that the $8,000 first-time homebuyer tax credit has definitely been a success. Homebuyer interest and housing sales increased […]
