Overwhelmed by the amount you need to save for a down payment? Here’s some motivation for you…
National Association of Realtors
The Top 10 ways being a homeowner can reduce your income tax obligation… from the National Assocation of Realtors.
Yes, homeownership can be a significant financial commitment. But hey, it’s the American Dream. And Uncle Sam’s way of encouraging the dream is by rewarding for it… in the form of tax deductions. Just owning your own place helps you qualify for thousands of dollars in tax savings each year. Check out more details here…
http://www.realtor.com/advice/the-top-10-real-estate-tax-deductions-for-2013/
Note: I am not a tax expert. Realtor.com is not a tax expert either, though judging by the amount of annual dues I pay them, they must have lots of expensive advisors. Anyway, if tax deductions are of particular importance to you, please consult your tax preparer or ask Kate for the name of a local CPA. Thanks!