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What’s important to you as you prepare to file? Your situation can make a big difference in the tax you pay and the paperwork you have to file. The IRS is trying to get you off to a good start this filing season by listing some of the issues the Agency believes are important to […]
Tax season is upon us and there are some real estate related updates that you don’t want to forget. Mortgage Insurance: As of today, for the 2022 tax year, private mortgage insurance (PMI) and mortgage insurance permiums (MIP) are no longer deductible. Previously, with the passage of the Further Consolidated Appropriations Act of 2020, you […]
I own a few short term rentals. We use Air BNB, VRBO, and Furnished Finders to host on and have really enjoyed our investments so far. If you are thinking about investing or already have some STR investments, we’ve found these WIFI devices to be great help with managing…
The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. Also increasing is the catch-up contribution limit for employees aged 50 and over who participate in […]
So you got your home under contract! Congrats – that’s great! So what’s the next step is always the first question that I hear from sellers. It’s the home inspection! Be sure that you are ready for the inspector. You probably did a lot of prep work to get your home on the market but […]
Once the residence of Jacksonville Philanthropist, Dorcas Drake (whose name you will note on the transom over the front door), this updated historic home in Springfield won’t disappoint. **Bonus – NEW ROOF** Meet the neighbors or sip your morning coffee on the large front. porch. The foyer is a perfect place to drop your shoes […]
I’m sure many of you are hearing more and more about smart devices in homes. Smart home devices allow the remote monitor and control of home features and are a booming industry. Smart home devices allow a home owner to control and monitor systems and items in their home via a smart phone or tablet. […]
Midcentury modern design is having a renaissance. The design concept, which came out of California in the 1950s and ’60s, is known for clean lines and contrasting colors. MCM was a limited trend that many Americans didn’t embrace. But today, there are countless online groups dedicated to collecting MCM furniture and accessories to recreate the […]
On August 12, Congress passed the Inflation Reduction Act, over 700 pages of economic changes. What does the act do? And just as important, what does it not do? To start with the name, the act’s proponents say the new law will fight inflation with deficit reductions — which makes most people ask, “Does it raise my […]
