Erica Fair - United Real Estate Strive 212

Many of us are now at home, either telecommuting for now, or not working, not sure when our places of business will reopen. If you haven’t yet filed your taxes, now is a good time to sit down and take care of it. If you sold your home in 2019, this article I read recently on www.realtor.com is worth checking out. Here it is... 5 Sweet Tax Deductions When Selling a Home: Did You Take Them All? By  Margaret Heidenry  | Feb 24, 2020 You may be wondering if there are tax deductions when selling a home. And the answer is: You bet! Sure, you may remember 2018's new tax code—aka the Tax Cuts and Jobs Act—changed some rules for homeowners. But rest assured that if you sold your home last year (or are planning to in the future), your tax deductions when you file with the IRS can still amount to sizable savings. Want a full rundown of all the deductions (as well as tax exemptions or other write-offs) at a home seller's disposal? Check out this list to make sure y...

If you’re considering selling your home in the near, or even not so near future, there are some steps you can take now that will help to increase your home’s value when you’re ready to sell.  Some improvements only cost a few dollars, while others may be more expensive and require more planning. Some less costly improvements to make could be as simple as painting. Painting can really open up a room and give it a more updated and fresh feel. If you aren’t comfortable doing the painting yourself, consider hiring a pro. Skip trendy colors and choose a color that will have universal appeal. Another easy update to increase your home’s value is to take a good hard look at your landscaping. Adding some landscaping elements can greatly increase the curb appeal of your home. Spring is just around the corner – the perfect time to add to your landscaping. Here’s a great blog post on how to improve your home’s value, and it offers many options for less costly improvements t...