Skip to main content



Tax Time Real Estate Deductions!

Hello Hampton Roads Home Owners,  As tax time approaches, it's essential to explore every avenue to maximize your deductions and potentially save some money. If you itemize your deductions, these costs could translate into valuable tax savings.  Before we delve into what you need to know, it's important to clarify that while real estate agents and settlement attorneys are experts in their respective fields, they are not tax specialists. Every homeowner's situation is unique, and tax laws can be complex. Therefore, seeking advice from a certified public accountant (CPA) is highly recommended to ensure you're making informed decisions tailored to your specific circumstances. Now, let's talk about those deductions! Mortgage Interest: This is often the largest deductible closing cost for homeowners. The interest you pay on your mortgage is typically tax-deductible, provided certain conditions are met. Keep track of your mortgage interest statements throughout the year,

Latest Posts

Mastering the Art of Home Buying with No Money Down

The Serious Sellers' Quick Sell List- A Guide to Selling Your Home Swiftly

Attention Home Buyers: Avoid These 10 Common Home Buying Mistakes!

Overcoming The Top 5 Challenges Home Seller Face

7 Irresistible Reasons to Embrace Homeownership in Hampton Roads 🏡

Navigating the Probate Process in Virginia

What's in Store for 2024? Predictions for the New Year in Residential Real Estate

How's the Hampton Roads Real Estate Market? Sept. 2023

Empowering Homebuyers: Exploring the Benefits of the Chenoa Program

Attn: Home Sellers--This Type of Home is in LOW DEMAND!

Instant Home Value