Tax Deductions for Home Owners
Jeremy Drobeck of Treadstone Mortgage meets with tax expert Dennis Greenfield to help people learn about some of the benefit’s to home ownership. Having the ability to take the mortgage interest deduction can in turn open up a whole bunch of other write-offs. Things such as state & local taxes that were paid, property taxes, charitable contributions, etc. . . Watch this video to learn more about these possible deductions.
Update! 10/14/2021 – since this video was produced a lot has changed. In 2018 the Tax Cut and Jobs Act increased the standard deduction thru 2025. Although mortgage interest, property taxes, PMI and many other things are still tax deductible many home owners wont have enough things to itemize on their return to make it worth itemizing. You can find more information about the TCJA here. At the end of the day many home owners wont see any tax benefits when it comes to owning a home. For more information contact your tax advisor.
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Building a Home Buying Team in Kalamazoo: Your 2026 Flight Plan for Success
You might think your real estate agent is the sole captain of your home buying journey, but in a market where Kalamazoo home prices have climbed 17.8 percent in a single year, the most critical person on your crew is actually the navigator holding the fuel gauge. Building a home buying team in Kalamazoo isn’t just about finding a friendly face to open doors. It’s about assembling a disciplined flight crew that understands the unique turbulence of our local 2026 market, where homes often sell in about 31 days and the median price has reached $212,000.
It’s natural to feel a bit of pre-flight anxiety when you’re eyeing historic neighborhoods or worrying about how Michigan’s property tax pop-up rules might impact your long-term costs. We believe your path to homeownership should feel like a controlled, engineered process rather than a gamble. This guide will teach you how to assemble a high-performance team to navigate these complexities with total precision. We’ll outline the specific professional roles you need on your side, from expert lenders to thorough inspectors, so you can move from pre-approval to closing with a smooth landing.