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.
The real estate market is constantly changing, leading to many challenges for buyers and sellers alike. Never has there been a greater opportunity to leverage innovative lending solutions to better serve your clients. As you know we think outside of the box. Yes we do lots of loans that fit in the box, but getting the deals done that don’t fit in the box can make all the difference in this market. During this class we will cover some more unique loan programs and ways to structure transactions to help get offers accepted in an unconventional world. This class is approved for 1 hour of continuing education thank you Devon Title for sponsoring the continuing education portion of this event!
Here is a list of some of the things we will cover during the event:Visit Jeremy's Blog