Posts Tagged ‘Vacation Home’
WHEN IS MORTGAGE INTEREST TAX DEDUCTIBLE?
Kevin Brierton – 1.12.2024 CONTRARY TO POPULAR BELIEF, MORTGAGE INTEREST IS NOT ALWAYS TAX-DEDUCTIBLE. HERE’S THE INSIDE SCOOP. DO YOU ITEMIZE YOUR TAX DEDUCTIONS? You cannot take the mortgage interest deduction if you are taking the standard deduction. For 2024 tax returns, the standard deduction is $14,600 for single taxpayers, $21,900 for heads of household,…
Read MoreWhy Buying a Vacation Home Beats Renting One This Summer
Kevin Brierton – 5.23.2023 For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful. If that sounds like you, now’s the time to think about your plans and determine if buying a vacation home this year makes more sense than renting one again. According to…
Read MoreWhy Summer Is a Great Time To Buy a Vacation Home
Kevin Brierton – 5.26.2022 You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start thinking about your plans and where you want to spend…
Read More