What are the Tax Benefits of Owning Real Estate?
February 22, 2016
People who have purchased their first home are usually elated that they own a prime piece of real estate.Later, when their first tax season as homeowners rolls in, they realize (and celebrate!) the fu…
More Older People Are Renting These Days
February 17, 2016
There has been an uptick in renters since 2005 according to a recent report by the Harvard Joint Center for Housing Studies.People in their 50s and 60s made the largest chunk of the increase. But the…
Do You Need to Pay the Homebuyer Tax Credit?
February 15, 2016
When the First Time Homebuyer Credit (FTHBC) was first made available, home buyers snapped at the chance to purchase a new home in order to avail of tax credits of between $7,500 and $8,000.While this…