The Benefits Of Owning A Rental Property

Looking to own a rental property? Did you know there are many tax benefits when it comes to owning a rental property? Check them out below: Just about every expense associated with a rental property is deductible. The following are tax deductible costs associated with owning a rental property: Cleaning & Maintenance Homeowners insurance Mortgage […]

Tax Benefits Of Home Ownership

The tax benefits of owning a home. Tax time is upon us and what better time than now to share an article about the tax benefits of owning a home. The Lawhead Team would like to share an article from Realtor.com written by John Adams about tax benefits for homeowners. They say there are only […]

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation

The Fiscal Cliff and its impact on the Mortgage Forgiveness Debt Relief Act. The Lawhead Team has been staying up to date with the upcoming fiscal cliff and would like to share with our readers how it pertains to the housing recovery, particularly the mortgage forgiveness debt relief act. Impact of the Fiscal Cliff, by […]

Your Home and Taxes

By owning a home, Americans can save on taxes. One main reason for Americans owning their homes is because of the ultimate tax shelter it creates.  Americans can save on taxes when they buy their home, own their home and sell their home. Mortgage interest deductions and deductions for property taxes are a way to […]