How do I save on taxes?

Here are some ways to save money on taxes:
* Mortgage interest on loans up to $1 million is completely deductible for the year in which you pay it to buy, build or improve your principal residence plus a second home.
* Points, or loan origination fees, also are deductible no matter who pays them, the buyer or the seller.
* Most homeowners, except the wealthy and those living in high-priced markets, no longer need to worry about capital gains taxes. The exemption has been raised to $500,000 for married couples and $250,000 for single owners.

Contact Information

Joel Nelson

Keller Williams Realty Kalamazoo

8075 Creekside Drive

Portage, Michigan, 49024

Office: 269-492-7582

Cell: 269 760-1558

Fax: 888-234-7221

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appealing your property taxes

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Tax benefits to homeowners

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