If you own a home, you’re dealing with property taxes. Property taxes are an essential part of homeownership, but you may not really understand or realize how they are actually calculated. In fact – sometimes understanding how they are calculated can feel like attempting to unravel a complex puzzle. Once you unlock the secrets of […]
Tag Archives: property taxes
Year-end To-Do’s
Most homeowners pay an increased monthly mortgage payment because they are adding money into their escrow accounts. By doing this, you expect that your lender will pay them on time, in the year they are due. Once paid, you can then deduct them from your taxes. The IRS stipulates that deductions can only be taken […]