It’s that time of year when many of us are likely starting to do our taxes. If you do your own, you no doubt know many of the deductions you can claim. But do you know ALL of them? Courtesy of USA Today, here are five deductions that are little-known, but might pay off big.
Category Archives: First Time Homebuyers
Among the many tips that helped me along the way, these three that I believe all new homeowners should hear:
You are your own landlord.
Once you pick up the keys to your new house, you become your own landlord. That means if something goes wrong, it’s your responsibility to fix it. To make sure you’re never left in a tight spot, be proactive and find a plumber, electrician, air-conditioning specialist, and other important technicians before you need them. Ask for recommendations from home-owning friends or neighbors, then research their suggestions online to determine the right person for you.
Get to know your fuse box and water shut-off.
One of the first things you should do when you move is was acquaint yourself with your fuse box and water shut-off valve. Every homeowner will need to turn these off at some point, and when that time comes (often during an emergency), no one wants to be unprepared.
Make repairs as soon as possible.
We all procrastinate sometimes, but you never want to put off repairing the “small stuff” in your home, because little issues have a way of becoming big ones when left as is. If you’re not the handy type, hire someone immediately. These issues will always cost you way more in the long run if you wait.
The good news is that all of this trouble is far outweighed by the benefits of having a home. If you need any help, let me know—I’ll be happy to lend a hand.
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SAVE THE DATE: OPEN HOUSE
Sunday, November 18, 2012 | 2:00 pm – 4:00 pm