Myrl Jeffcoat’s Real Estate News
THE REAL ESTATE
NEWSLETTER FOR TODAY’S HOMEOWNER
Every Year at this Time. . .
Every year at this time, folks have the feeling there is a little more in the air than love.
it’s the anticipation of another sharp pointed projectile aimed in our
direction. This ‘other’
feeling isn’t coming from the warm caring feelings of one near and
dear to us with the aid of Cupid’s bow. . . It comes instead in the
form of Tax Forms from our not so ambivalent Internal Revenue Service.
year we Americans appear to pay our government more in taxes with less
to show for it at the personal level, and each year we attempt to seek
out just one more deduction to soften the barb.
It is at this time we realize how much we cherish owning our
homes and other real estate holdings as real lifesavers in taxes.
Mortgage interest is still very much deductible as are property
you own rental property, you may not only deduct these items, but
depreciation, insurance and repairs as well.
you are holding a large equity in your present home, chances are your
deduction for mortgage interest is very low or virtually non-existent.
Have you ever considered re-financing your home in order to pull
out equity to buy a rental property; or perhaps you’ve wondered about
selling and purchasing a more upscale home?
Chances are either of these moves would dramatically improve your
you are considering purchasing a rental property, or if a larger home is
in your dream for the future, please contact one of our Great West GMAC
Real Estate professionals!
look forward to hearing from you!
you are currently considering selling or marketing a home, please feel
free to call or contact me. I can provide a free, no-obligation
Comparative Market Analysis of your property. . .Or if you are thinking
of buying a home, I would be pleased to be given the opportunity to sit
and explore with you the
opportunities that await homebuyers at the
Service is always
Sacramento - El Dorado
- Placer Counties
Date: February 1st 2008