One of the wonderful benefits that we experience related to Home Ownership on an annual basis is related to the tax benefits. It is simply one of the great perks of purchasing and owning your own home. At the same time, many people really do not comprehend the misunderstandings that abound about these home ownership advantages. As a result, I thought it would be appropriate to take a moment, clear the air, get rid of the cobwebs and the many myths that linger in our thinking about Taxes and Home Ownership.
I ran this article a year ago and given the time of year we are now in and approaching, it is really quite appropriate to update and do so again. In fact, I will probably keep updating it on an annual basis so that you are prepared for taxes. That means you will understand truth from fiction. So here is an excellent, up to date writing penned on this important subject. Five Ownership Tax Myths
Finally, you might want to glance at my Home Ownership Tip shown below. It will help you as you enter the New Year and begin to do the math for taxes.
David L. Burrows, Realtor®
Classic Realty, Annandale, VA 22003
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Home Ownership Tip: Keep all receipts, records of maintenance, tax papers, utility bills in a safe place. You never know when you will need them.
David Burrows
David L. Burrows, Realtor®
Classic Realty, Ltd.,
7529 Presidential Lane, Manassas, Virginia 20109
Serving: Gainesville VA, Haymarket and ALL of Northern Virginia
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Office: 703.637.1400
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