Home Ownership Sale Taxes

Washington, April 10, 2012

With the April 17 tax deadline one week away, many individuals and families still have time to take advantage of the valuable tax benefits home ownership affords. The National Association of Realtors® consumer website, HouseLogic.com, can help.

“Our government encourages home ownership because it benefits families, communities, and our nation’s economy; home ownership is an investment in our collective futures,” said NAR President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. “HouseLogic.com helps homeowners identify the benefits that will save them money today and plan ahead for future savings, as well.”

HouseLogic.com provides tips and tools for homeowners, and devotes an entire section of its site to tax incentives for the home. Visitors can check out A Home Owner’s Guide to Taxes to find helpful articles like 10 Easy Mistakes Home Owners Make on their Taxes, 12 Tough Questions (and Answers) About Home Office Deductions, and 6 Deduction Traps and How to Avoid Them that provide consumers with a wealth of information to ensure they get the maximum return to which they’re entitled.

Tax benefits that encourage home ownership include the mortgage interest deduction, deductions for property taxes, and tax credits for energy-efficient remodeling projects and heating and cooling systems.

The National Association of Realtors®, The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

If you’re thinking about buying real estate in Bend you should sign up for Jim’s free New Listing Notification Service or call or e-mail today.  Jim Johnson is a Certified Residential Specialist and has been selling real estate in Bend Oregon since 1981.

Call 541-389-4511 or see his web site to search the MLS - Bend Oregon Real Estate.  Jim is licensed by the State of Oregon as the Principal Broker for Bend Oregon Real Estate Expert. E-MAIL Jim for information or go to Bank Foreclosure Information or you can use our Free MLS Search