and fewer people itemize now that the same tax law doubled the standard deduction. If all of your itemized deductions for 2020 add up to less than $12,400 if you're single, $18,650 for head of household or $24,800 for married couples filing jointly, then you'd take the standard...
Lash, Steve
Some of the least welcome expenses of homeownership come from the amount you owe state and local tax authorities. Fortunately, the IRS does offer tax deductions on income, sales and property taxes for most homeowners of up to $10,000 total (or $5,000 if married and filing separately). ...
Mortgage payments also offer a significant financial bonus that you don’t get when you’repaying rent: Mortgage interest is tax deductible, on up to the first $750,000 of your mortgage if you’re a single filer or married filing jointly (up to $375,000 if you’re married filing separat...
Tax advantages can be significant for buyers and sellers. Although sellers no longer may claim the property tax deduction, they are able to spread out the capital gain from the sale of the home over the length of the contract term. Buyers are able to claim the mortgage interest as a deduct...
All homeowners are required to pay association dues. Payments are due on the first of each month. Past due accounts are subject to late fees. Thank you for your prompt payment and support! There are several ways to pay your dues, with the easiest and simplest being direct bill pay from ...
While under the current leadership, this Association will be addressing three areas of concern. The first and foremost concern will be to maintain the common areas of our neighborhood,Alluvium Woods. The three common areas listed below will be managed to maintain their current level of appearance ...
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in...
interactions and the billing process. It did score significantly better in asurvey on the claims process, coming in fourth out of 19. According to theNational Association of Insurance Commissioners (NAIC), Farmers received a third of the number of complaints of other home insurance companies of ...
The Hanover is one of the best home insurance companies in Louisiana, especially for buyers who value highly rated customer service. According to the National Association of Insurance Commissioners, the Hanover receives only a fraction of the complaints expected for its size. ...