Lela, you are the best If anyone can turn the market down there, it will be you Mike Pompizzi, Principal Read Quote > View All Quotes >
Sign up for the Latest Listings
Florida Keys Real Estate.
Lela, serves Marathon, Key Colony Beach, Duck Key,Coco Plum, Islamorada,Summerland, Sugarloaf, Shark Key. Eventually you will buy, or sell your property.
Call me Immediately 305-395-0814.
What happens when you imagine listing or purchasing your property right Now and moving forward with your plans?
Email: lelaashkarian@NUMBER1EXPERT.com Phone: 305-395-0814
Click here to go to Lela's home page Go Back
Sign up for Lela's Latest Listings.
Get an instant email when Lela Ashkarian adds new properties.
You'll know before anyone else.
Most homeowners are keenly aware of the interest tax deduction on their home loan, but there are many other tax breaks which are often overlooked at income tax time. Pro-rated property taxes and mortgage interest in the year of sale are deductible. You will find these amounts listed on your closing settlement statement. If you paid off your mortgage and had to pay a pre-payment penalty, it qualifies as tax deductible interest. If you paid an "acquisition mortgage loan fee" on a home loan, this fee can be deducted as itemized interest. Home improvement loan fees are also deductible. Any remaining loan fees from re-financed or paid-off mortgages are fully deductible at the time of the mortgage payoff.
Certain items don't qualify as deductions, but can be added to the cost basis of your home, such as transfer taxes, recording and title fees, and special local property tax assessments for new sidewalks, streets, or sewers.
Don't be intimidated by the tax code! A little research or consultation with an expert can help you maximize your real estate tax advantages.
Florida Keys Real Estate Top Selling and Listing Agent, Member of Primier Upscale Preview Coldwell Banker President Club, specializes in Luxury homes, condos, townhouses in Marathon and Middle Keys, Key Colony Beach Real Estate, Coco Plum beaches, Grassy Key, Duck Key Shark Key and Upper Keys Islamorada. 305-395-0814 or 305-289-6492
Living in Florida Keys since 1983. I will and can help you find that perfect home in the Marathon, Duck Key, Key Colony Beach, Coco Plum and Islamorada Upper Florida Keys.
Call Lela Ashkarian, Coldwell Banker Schmitt Real Estate, 305-395-0814 Real Estate Florida Keys Top CRS, GRI, e-PRO Realtor.
www.myhomesinthekeys.com
is brought to you by Lela Ashkarian, real estate for
Marathon Key, Duck Key, Key Colony Beach, Islamorada and Coco Plum Beach, Florida