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7 good reasons to own a home

The financial benefits of home-ownership are evident year round, but particularly around tax time – they seem to jump off the page. Let’s examine how home-ownership makes “cents” –  from the tax benefits, to good old fashioned financial stability. 1. Home-ownership builds wealth over time  We were always taught growing up that owning a home is a financially savvy move. Our parents knew it, and their parents knew it. But this past decade of real estate turbulence has shaken everyone’s confidence in...Continue Reading >

12 big tax deductions for homeowners

ADMC Realty Group Are you taking advantage of all the tax benefits that can make home-ownership more affordable and put a lot of extra cash in your pocket?  Make sure to consider these big deductions when you file—they really add up! Mortgage interest: Your home loan is deductible up to $1 million for a principal residence plus a second home. (This was saved by Congress during the recent fiscal cliff debates and remains a key deduction for homeowners!) You’ll need to itemize your income taxes in order to claim this. Don’t...Continue Reading >

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