|
Columbia, SC Homes For Sale and Real Estate for sale! I can help. Call me at 803-608-4663 or e-mail jimoylan@sc.rr.com.
|
"As a Retired Florida Realtor..."
"Jill Moylan guided us through the process of purchasing our home in Columbia with aplomb!"
C. Morgan, retired Florida Realtor
Read Quote >
View All Quotes >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
|
 |
|
|
Quickly Find Out What that Home Down the Street Sold For, By Email, for Free.
If you are considering selling your Columbia, South Carolina home, you are probably wondering what other homes in the area are selling for. There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Columbia neighborhood. I can help! I can tell you exactly what any home sold for in your area. I will furnish you with a list of homes that have recently sold on your street or in your neighborhood. I can also tell you about homes similar to yours that are currently for sale. This service is entirely free, without obligation. As a top Columbia Realtor, this is part of the service that I provide to home sellers on a daily basis. Just fill out the form, and I will get back to you right away...
|
Tax Considerations >Tax Deductions
Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.
The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.
Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.
|
|
| Q |
How can you give your home the equivalent of sunglasses?
|
| A |
Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
