Wright Realtors Real Estate News
The Top Ten Homeowner Tax Deductions
As the time for filing income tax returns nears, we should take a fresh look at the shifting tax terrain for homeowners.
Each tax year, the dynamic character within Washington, D.C. differently effects the tax breaks set forth, rescinded, altered, and extended for home owning taxpayers.
Prepare Your Garden for Spring
Spring is my all time favorite. I can go out in my garden, dirty my hands, and
spend time taking care of my flowers, shrubs and vegetables. This spring, I’m
enhancing my traditions of the season by studying how honeybees help in growing
my garden. Whether you're ready to go full out or just tiptoeing into your
garden for the very first time, make an eco-friendly choice as you start getting
your lawn ready for warmer temperatures.
Capital Gains Tax
Increases for Some Taxpayers
To get around the so-called January 1st, 2013 'fiscal cliff', Congress passed the 2012 American Tax Relief Act (TATRA). TATRA made no modifications to the Medicare 3.8% surtax¹, which happened as scheduled on January 1, 2013. However, TATRA did increase the highest tax rate on capital gains. Effective beginning January 1, 2013, this new top tax rate on capital gains increased from 15% up to 20% on individuals having gross adjusted incomes (AGI) over $400,000 and for married couples who file jointly with gross adjusted incomes over $450,000.
Use Your Foresight to Avoid Buyer's Remorse
You can be certain even while in the midst of such uncertainty.
Pundits and professionals cannot agree on where prices are going and other circumstances of the current housing market, however if you're positive you want to join the ranks of homeowners, or to sell now and move to your next "best place," then go for it.
Clean up your home during March — before spring gets here
First, spend about an hour on strategy and shopping before you begin, and you'll save many hours time wasted
When spring gets here, the very last thing the majority of us feel like doing is spending an entire weekend cleaning up the place we've already been stuck in for months on end..
Getting ready for a home
inspections are an essential element of buying and selling real estate for both
buyers and sellers. As soon as you have an accepted contract on your home,
ordering a home inspection is an important element of the enigma. Preparing for
an inspection may be just as important. In fact, I strongly believe that those
home sellers who spend a little extra time getting ready for the home inspection
will have a more efficient inspection.
What Do Today's Home Buyers Want, Really?
So just what is it that home purchasers really want? The number one request is energy efficiency. The top Four of the most desired features have to do with saving energy: over 94 percent of all home purchasers want appliances with energy-star ratings , 91 percent want the entire home to have energy-star ratings, 89 percent want windows with energy-star ratings, and 88 percent desire ceiling fans.
Sweaty Windows, What Can You Do About Them?
You may want to tell me to go soak my head, because I'm discussing window condensation, however this is because I receive many questions about winter time foggy windows. Although, I often receive calls from homeowners with concerns over their windows 'condensing' or leaking either on the inside or outside their home because there's moisture appearing on the glass.
purchasing one is even more of a problem. Last year the bargain-basement supply
of foreclosure homes dwindled, as banks temporarily refrained from repossessing
properties and to review potential paperwork mistakes. However there should be a
whole new ball game in 2012. Lenders have resumed filing notices of foreclosure,
so more distressed homes are anticipated to be for sale. "There’s such a buyer
demand . "Whenever these foreclosures hit the MLS will be snatched up right
away. Let's look at how buyers can locate these foreclosures and have their
offers stand above their competition:
February 2013 Real Estate News
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